MIDDAY LUNCH

Dow 10128.09  +84.34, Nasdaq 2238.95  +28.00, S&P 1085.13  +11.10 

Stocks are stronger today but are currently trading off their session lows.  More than 80% of the stocks in the S&P 500 are trading higher.  Industrials are among the best performers today up +1.7%.

Buyers have been active today scooping up bargains in the wake of the recent correction.

European debt concerns continue to drag down the euro, which has fallen -1.0% against the dollar.  The Euro remains fractionally above its four-year low of roughly 1.214.

Treasuries are under pressure. The benchmark 10-year Note is currently down more than -20 ticks bringing its yield to 3.25%.  The Treasury is scheduled to auction off 5-year Notes today.

In Economic data total durable goods orders for April can in higher than expected, but orders less transportation missed expectations.

Walt Disney (DIS) 33.53 +1.22, +3.77% shares are higher today on news that the company has been in negotiations with two private equity firms to sell ABC.  The news came out when the FBI arrested a Disney employee and her boyfriend for trying to sell insider information.