CBOE Volatility Index (.VIX) hit a low of 29.31, but is up .39 to 30.57 and heading to session highs. VIX fell early, as stocks bounced on the smaller-than-expected decline in May non-farm payrolls. (-345K vs -520K consensus). However, the major averages gave back early gains and moved into the red, with a 7.5% loss in DuPont (DD) leading the Dow lower. Crude, which traded above $70 early, erased gains and is down $1.23 to $67.58. Bonds are battling back from a morning beat-down. Ten-year, which lost more than 1 point post-payroll, now down 9/32nd.