Service Sector Activity and Manufactured Goods Orders Reports Due

The Institute for Supply Management is scheduled to release its report on service sector activity in the month of February at 10 am ET.

The ISM’s services PMI is expected to edge down to 53.0 in February after climbing to 53.4 in January, although a reading above 50 would still indicate growth.

Also at 10 am ET, the Commerce Department is due to release its report on new orders for manufactured goods in the month of January. Factory orders are expected to tumble by 2.9 percent.