The markets didn't quite know what to think of this morning's ADP National Employment Report that highlighted a better-than-expected addition of 162,000 private sector jobs in September; however, a mid-afternoon report out of Europe changed that in a hurry. According to European Union regulators, EU banks have raised an additional $265 billion in capital since December by issuing capital, withholding dividends, and reducing riskier holdings. With the ADP report signaling a possible stabilization in U.S. job growth and EU banks doing what's necessary to meet new capital regulations, the S&P 500
Let's have a quick look at some of the stocks most directly responsible for influencing the S&P 500's movements today.
Homebuilders are off to the races across the board today. Both Lennar
Online streaming company Netflix
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Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
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