MidDay Market News for April 2, 2013

MidDay the S&P futures contract is up about 7 points. Yesterday, the market backed off on the first day of the second quarter. In addition to the softer than expected Institute for Supply Management number, the market was having difficulty quantifying the bellicose posturing of North Korea. It’s hard to assign motive outside of posturing. Maybe it's due to the fact that N. Korea is going to restart a nuclear reactor that it had previously shut down as part of a disarmament deal.