In Today's Update:
1) Midway through the trading day U.S. equities are trading significantly higher compared to yesterday's close but are starting to show some weakness. The Dow Jones Industrial Average is higher by 303.97 or 1.22%, The S&P 500 has added 38.61 or 1.41% while the Nasdaq 100 is currently higher by 160.04 or 2.24% and the Russell 2000 is trading higher by 12.03 or 0.80%.
2) Crude Oil Futures are trading slightly higher while Gold Futures are trading lower by $8.80 or 0.72% on continued strength in the U.S. dollar. The Bond market has been quiet today and the yield on the 10-year treasury note is at 3.142%.
3) The ADP Employment Report came in better than expected showing private payroll growth of 277,000 jobs while Facebook (FB) is actually trading higher today after a mixed earnings report and trading lower in yesterday's after-hours trading session. Tomorrow's after-hours trading session should be very busy after Apple Inc. (AAPL) releases their much-anticipated earnings report.