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

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Jim Cramer on Autonomous Driving Prowess of Texas Instruments

Jim Cramer on Autonomous Driving Prowess of Texas Instruments

Video: Jim Cramer on Caterpillar, Boeing, Twitter and Texas Instruments

Video: Jim Cramer on Caterpillar, Boeing, Twitter and Texas Instruments