The markets opened higher this morning, responding positively to the Republican win of the Senate, and better than anticipated ADP jobs numbers. ADP nonfarm payrolls came in at 230k vs. an expectation of 229k.

December E-mini S&Ps (ESZ14 +0.50%) this morning are up +0.39% after the results of the mid-term elections showed Republicans won control of the U.S Senate in for the first time in 8 years, which is seen as business friendly.

As with HBO, the focus is on broadband-only homes and homes that don’t at present take any premium channels.

Considering all the bad news and negative developments, shouldn't stocks be worse? Jim Cramer thinks that question demands attention. Dig down into the market, and Cramer says there are at least seven catalysts that should have given bears a field day.

September E-mini S&Ps (ESU14 -0.26%) this morning are down -0.34% at a 2-month low and European stocks are down -1.41% at a 4-1/2 month low amid escalating tension in Ukraine.

The Time Warner/Fox deal points to one specific thing - the value of content in media, says Tim Armstrong, AOL chairman & CEO.