Mid-Morning Market Update: Markets Mixed; Tyson Posts Higher Profit

Top Headline
Tyson Foods TSN reported a rise in its fourth-quarter profit.

Its revenue surged to $8.9 billion from $8.3 billion. However, analysts were estimating earnings of $0.69 per share on revenue of $8.8 billion.

Shares of Tyson Foods TSN got a boost, shooting up 4.03 percent to $29.93 after the company reported higher Q4 profit.

Equities Trading DOWN
Shares of Microsoft MSFT were down 0.95 percent to $37.47 after analysts at Bank of America downgraded the stock from Neutral to Underperform.

Twitter TWTR was down, falling 0.36 percent to $43.82 after Wunderlich initiated coverage on the stock with a Sell rating.

Silver traded down 0.59 percent Monday to $20.61, while copper rose 0.03 percent to $3.18. Eurozone
European shares were higher today. The Spanish Ibex Index rose 1.41 percent, while Italy's FTSE MIB Index surged 2.08 percent. Meanwhile, the German DAX gained 0.72 percent and the French CAC 40 climbed 0.85 percent while U.K. shares rose 0.50 percent.

Economics
The NAHB housing market index came in at 54 in November, versus a revised reading of 54 in October. However, economists were expecting a reading of 55.