Mid-Morning Market Update: Markets Drop; Smith & Nephew To Acquire ArthroCare For $48.25/Share
February 03, 2014 at 10:33 AM EST
Following the market opening Monday, the Dow traded down 0.53 percent to 15,616.00 while the NASDAQ tumbled 0.65 percent to 4,077.25. The S&P also fell, dropping 0.52 percent to 1,773.41. Top Headline Smith & Nephew PLC (NYSE: SNN ) announced its plans to buy ArthroCare (NASDAQ: ARTC ) for $1.7