Mid-Morning Market Update: Markets Open Higher; IHS Profit Beats Estimates

Following the market opening Tuesday, the Dow traded up 0.64 percent to 16,530.10 while the NASDAQ surged 0.63 percent to 4,139.47. The S&P also rose, gaining 0.51 percent to 1,836.13. Top Headline IHS (NYSE: IHS ) reported an upbeat fourth-quarter profit. IHS projects FY14 subscription revenue to rise 6%