| Last | Change | Percent | |
| S&P Futures | 1369.9 | 1.9 | 0.14% |
| Eurostoxx Index | 2316.5 | 4.0 | 0.17% |
| Oil (WTI) | 87.89 | 0.2 | 0.26% |
| LIBOR | 0.46 | 0.000 | 0.00% |
| US Dollar Index (DXY) | 82.66 | 0.877 | 1.07% |
| 10 Year Govt Bond Yield | 1.62% | -0.01% | |
| RPX Composite Real Estate Index | 182.8 | 0.3 |
Markets are up slightly on moves by the ECB and some encouraging economic news on the jobs front. Overnight, the ECB lowered interest rates to 75 basis points and cut the deposit rate to zero. Bonds and MBS are up slighlty.
The ADP employment change report reported 176k new jobs were added in June, which is much higher than the 100k estimate economists were forecasting. The official non-farm payroll data will be released tomorrow. Initial Jobless claims dropped last week, falling from 388k to 374k.
Today is the first Thursday of the month, and that means retailers are reporting same store sales. So far, most retailers are missing estimates.
Finally, Heard on the Street discusses how the housing market is finally a bright spot in the economy, though its size relative to GDP has shrunk tremendously.
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