Early Update

11:57 a.m. ET SP-500 +0.75%, Dow +0.45% (Transports +0.8%), NASDAQ-100 +1.05%, Small Caps -0.4%. The S&P is only 12 points from 5,000, or about a quarter-percent, which is a number that’s going to have a magnetic pull on price, but price action of the major averages and especially the one that’s lifting the S&P (Tech)…