MIDDAY LUNCH

Dow 10175.32  +200.87, Nasdaq 2256.61  +60.73, S&P 1092.21  +24.26 

Stocks have begun moving sideways near their session highs.  The strength of the market today has allowed the Volatility Index (VIX) also known as the fear index to fall -13%.

Trading volume is also strong with more than a half million shares have already exchanged hands on the NYSE. Advancing stocks currently outnumbers decliners by more than 10-to-1 on the Big Board.

Microsoft (MSFT) 26.02 +1.01, +4.04% shares are higher today after FBR Capital raised their rating on the company to Outperform citing valuation and product cycle.

Monsanto (MON) 48.70 -3.95, -7.51% shares are getting slammed today following the company's announcement that it was lowering its earnings outlook for fiscal 2010.

Afterhours today Guess? (GES) 37.58 +1.85, +5.19% is scheduled to release earnings.  Wall Street estimates are for the company to report earnings of $0.49 versus $0.35 a year ago.

The benchmark 10-year Note is down more than one full point to yield 3.33%.  Additionally, the Treasury is scheduled to release of results from an auction of 7-year Notes at the top of the hour.