Mid-Day Market Update: Dow Tumbles 250 Points; Ford Shares Slip On Weak Sales Report

Midway through trading Monday, the Dow traded down 1.60 percent to 15,448.26 while the NASDAQ tumbled 2 percent to 4,021.99. The S&P also fell, dropping 1.68 percent to 1,752.72. Top Headline Smith & Nephew PLC (NYSE: SNN ) announced its plans to buy ArthroCare (NASDAQ: ARTC ) for $1.7 billion