Mid-Morning Market Update: Markets Open Lower; Fairchild Semiconductor Confirms Receipt of Revised Unsolicited Proposal

Following the market opening Wednesday, the Dow traded down 0.24 percent to 17,678.96 while the NASDAQ dipped 0.40 percent to 5,087.25. The S&P also fell, dropping 0.27 percent to 2,072.65. Leading and Lagging Sectors On