Looking at Asia first, since it has closed for the day already, we see that the Hang Seng ended the day down 1.23% and Australia was down 1.46%. Not pretty.
Europe up to their lunch break is down too. The FTSE 100 (UK) is down 1.3%, the CAC 40 (France) is down 1.67%, and the DAX (Germany) is down nearly 2%.
The S&P 500 is down 9 points at 6:30AM, a little over 1%; and the Nasdaq is down 13 points.
The Institute of Supply Management (ISM) reports on the service sector at 10 AM EST. The numbers are trending upward, though still contracting. The only piece of it that had reached neutral in May was deliveries at 50. The consensus estimate is that the number will drift upward a little more to 46.
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