MIDDAY LUNCH

Dow 10133.00  +108.98, Nasdaq 2252.72  +30.39, S&P 1084.85  +14.14 

All three indices are trading higher on some better than expected economic data.

Pending home sales for April increased +6.0% month-over-month, which was stronger than the +5.0% increase economist had expected.  Also, the March number was upwardly revised to a +7.1% monthly increase.   Year-over-year, pending home sales for the month of April are up +24.6%, which is stronger than the +20.2% annual increase that economist had expected.

Additionally, energy stocks are helping push the market higher after getting crushed yesterday.  Halliburton (HAL) 23.45 +2.30, +10.87%, Schlumberger (SLB) 55.30 +3.55, +6.86%.

The Energy sector is currently up +2.48% followed by Basic Materials +2.26% and Transportation +2.09%.