Early Update – Averages Pause, Value Outperforms

11:03 a.m. Yields are higher after this morning’s economic data, which put a dent in risk sentiment as it came out. There’s a cyclical/value bias apparent in Small Caps rebounding the most and quickest after the data,  Transports’ (+1.4%) relative strength over Dow Industrials, and S&P sector performance. Russell 2000 futures (1m) responding to the…