Mid-Afternoon Market Update: Rite Aid Posts Massive Rally, While Hewlett-Packard Takes a Hit

Toward the end of Thursday, the Dow traded up 0.46 percent to 14,870.98 while the NASDAQ rose 0.12 percent to 3,301.44. The S&P also rose, increasing 0.42 percent to 1,594.51. Index Technicals: The S&P 500 looks to be hitting new resistance at 1,590 with 1,575 acting as resistance below that. The Dow