Stocks opened higher Wednesday as ADP said the United States created 201,000 jobs in May. That was almost exactly what economists had expected. Mortgage applications plunged 7.6% last week as interest rates jumped. The European Central Bank did as expected, and left interest rates unchanged. Apple (AAPL) is finally preparing to start selling the Apple Watch in its retail stores solely after offering the watch via its online store due to constrained supplies. 9to5 Mac says Apple is using a new ‘reserve and pick’ feature online, where customers can check their local store for availability. Instagram is cranking up its money machine and that means a lot more ads in your photo feed. Facebook (FB), which owns Instagram will now offer advertising to any company who wants it.
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