Mid-Morning Market Update: Markets Slide; MasterCard Profit Misses Estimates

Following the market opening Friday, the Dow traded down 1.21 percent to 15,656.53 while the NASDAQ tumbled 0.87 percent to 4,087.37. The S&P also fell, dropping 0.92 percent to 1,777.68. Top Headline MasterCard (NYSE: MA ) reported weaker-than-expected fourth-quarter earnings. MasterCard's quarterly profit surged to $623 million, or