Mid-Afternoon Market Update: Markets Remain Down as Aegerion Pharma Rises On J.P. Morgan Price Target
May 29, 2013 at 15:44 PM EDT
Toward the end of trading Wednesday, the Dow traded down 0.54 percent to 15,326.06, while the NASDAQ fell 0.39 percent to 3,475.82. The S&P was also down, dropping 0.50 percent to 1,651.33. Top Headline Smithfield Foods (NYSE: SFD ) agreed to be bought by Chinese Shuanghui Group for around $4.8 billion,