Look Ahead: ISM non-manufacturing index
• At 9:00 AM ET, Ceridian-UCLA Pulse of Commerce Index will be released. This is the diesel fuel index for May (a measure of transportation).
• At 10:00 AM AM, the ISM non-manufacturing (service) index will be released. The consensus is for the index to be unchanged at 53.5.
• Also at 10:00 AM ET, the Trulia House Price & Rent Monitors for May. This is the new index from Trulia that uses asking prices adjusted both for the mix of homes listed for sale and for seasonal factors.
The focus will be on Europe and the “emergency” G7 talks. Also three Fed regional presidents will speak in the afternoon.