Mid-Afternoon Market Update: Markets Falling as Smith & Wesson Continues to Rise on Earnings

Toward the end of trading Wednesday, the Dow traded down 0.84 percent to 15,838.09 while the NASDAQ declined 1.48 percent to 4,000.85. The S&P also fell, dropping 1.19percent to 1,781.43. Top Headline Joy Global (NYSE: JOY ) reported an 87% drop in fiscal fourth-quarter earnings. Joy Global projects full-year earnings of