Mid-Afternoon Market Update: Markets Post Large Rally as Textron Falls on Citron Report

Toward the end of trading Tuesday, the Dow traded up 0.70 percent to 16,540.52 while the NASDAQ surged 0.95 percent to 4,152.56. The S&P also rose, gaining 0.62 percent to 1,838.47. Top Headline IHS (NYSE: IHS ) reported an upbeat fourth-quarter profit. IHS projects FY14 subscription revenue to rise