The first story was that the jobless claims were reported at 418,000 down from 432,000 the previous week and beating the consensus of 420,000 claims. In other news, factory orders increased by 0.8% for May which was a bounce back from a -0.9% drop off in April. Finally the ISM reported for services sector that composite index level was at 53.3 for June and fell just below the consensus level of 54.0.