The Institute for Supply Management is due to release its report on service sector activity in the month of April at 10 am ET. The ISM’s services PMI is expected to edge down to 50.6 in April after falling to 50.8 in March, but a reading above 50 would still indicate growth.
At 1 pm ET, the Treasury Department is scheduled to announce the results of this month’s auction of $58 billion worth of three-year notes.