Benzinga Mid-Morning Market Update

Following the market opening Thursday morning, the Dow traded up 0.36 percent to 13,462.20, while the NASDAQ rose 0.29 percent to 3,102.77. The S&P was also up, rising 0.36 percent to 1,438.50. Research in Motion

surged in early trading Friday following an earnings beat after the bell Thursday. Shares traded up 12.75 percent to $8.05. Questcor Pharmaceuticals

also rallied, regaining some of its lost value, trading up 6.29 percent to $18.95. Shares of Facebook

received a 3.40 percent boost to $21.01 after announcing its new gift sending product after the bell yesterday. Clearwire

took a hit in early trading, falling 6.08 percent to $1.39 after announcing it would offer 46.4 million shares of common stock. Yum! Brands

was also down, falling 3.34 percent to $65.37 after a downgrade of McDonald's

from Buy to Neutral at Janney. Green Mountain Coffee Roasters

fell 3.43 percent to $23.90 following the release of a new, lower priced single serving coffee maker yesterday. In economic news, personal income was reported at 0.1 percent, below the expected 0.2 percent, and equal to the prior figure of 0.1 percent, while personal spending came in exactly where it was expected at 0.5 percent, slightly above the previous figure of 0.4 percent. The Chicago purchasing manager index was also reported, coming in at 49.7, below the expected 52.8 and the prior figure of 53.0. Following that, the University of Michigan consumer confidence index was reported at 78.3, slightly below the expected 79.0.