Mid-Morning Market Update: Markets Fall, GE To Acquire Lufkin

Following the market opening Monday, the Dow traded down 0.29 percent to 14,522.32 while the NASDAQ dropped 0.03 percent to 3,202.77. The S&P also fell, declining 0.15 percent to 1,550.94. Index Technicals: The S&P 500 found support at the 1,540 level on Friday, closing around the 1,550 resistance area, while 1,560 will