U.S. Markets are all trading higher midday on this July 1, 2014. Investors are optimistic about the economic data they received showing expansion in China and the U.S. June Auto Sales numbers are also moving General Motors (GM) shares higher despite Monday's announcement that it is recalling nearly 8.5 million more vehicles. America's largest car maker said it delivered 267,461 vehicles in the United States. GoPro continues to rise higher, (GPRO) is now up almost 100 percent since its debut last week. But not everyone is joining in on the rally. Shares of Urban Outfitters (URBN) are lower after an analyst downgrade from Wedbush. TheStreet's Susannah Lee reports from Wall Street.

More from Video

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #4: Buy Damaged Stocks, Not Damaged Companies

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once

Jim Cramer's Investing Rule #3: Don't Buy Stocks All at Once

Jim Cramer's Investing Rule #2: It's OK to Pay Taxes

Jim Cramer's Investing Rule #2: It's OK to Pay Taxes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes

What Angela Merkel's Uncertain Political Future Means for Greece's Debt Woes