Mid-Day Market Update: Stocks Turn Mostly Lower; VeriFone Shares Fall On Downbeat Guidance

Midway through trading Wednesday, the Dow traded up 0.15 percent to 15,898.68 while the NASDAQ tumbled 0.44 percent to 4,005.99. The S&P also fell, dropping 0.08 percent to 1,779.67. Top Headline FedEx (NYSE: FDX ) reported a downbeat fiscal second-quarter profit. FedEx's quarterly profit surged to $500 million,