A.M. Update

S&P futures are up +0.3% after the Payrolls report, of course, beat. Interestingly, while the Payrolls increased 275,000, the number of people working decreased by 184,000. More part time jobs? More jobs for illegal immigrants? I’m not sure exactly how that math breaks down yet. Nonfarm payrolls increased by 275,000 in February (consensus 195,000) following…