Durable Goods Orders and Jobless Claims

S&P 500 futures versus fair value:+3.2. New orders for durable goods in April increased by 1.9$, or $3.0 Billion to $161.5 billion. This was much better than the previous 2.1% decline in March.
Another good news came from U.S initial jobless claims. It fell 13,000 to 623,000 according to the Labor Department. This is an improved indication for Consumer Spending. Meanwhile market just opened and stocks are advancing to their fresh highs. S&P, once again passed the 900 point, up 8.63 to 901.69. Now the market is eagerly waiting for the new home sales report. It is announced at 10.30am.

Materials and Energy sector once again leading the S&P, up .39 to 26.31 and .70 to 49.80 respectively. Every sector is trading with confidence today. Utilities sector is the worst performing sector comparing to others, still up .50% to 26.17

U.S Dollar today is chopping some profits from yesterday, down .30 to 80.46.

OPEC, which produces 40% of the world's crude oil decided the leave the production unchanged at a meeting in Vienna. This was widely expected. After the news, Oil hit another fresh 6 months high to $63.93 a barrel.