9:33 AM ET - Stocks open lower despite the strong ADP data as they look to be somewhat overbought.
8:56 AM ET - MBAs Market Composite Index, a measure of mortgage loan application volume, increased 2.3% in the week ended 12/31.
8:44 AM ET - Stock futures lower but have pared some of those losses after ADP data. ISM Services at 10:00.
8:33 AM ET - ADP Employment number comes in at 297K vs the 100K expected. Bond markets falling.