Mid-Morning Market Update: Markets Fall Sharply, Wal-Mart Lowers Profit View

Following the market opening Thursday, the Dow traded down 1.24 percent to 15,147.59 while the NASDAQ declined 1.52 percent to 3,613.41. The S&P also fell, dropping 1.26 percent to 1,664.13. Top HeadlineWal-Mart Stores (NYSE: WMT ) reported a rise in its fiscal second-quarter profit and lowered its