The Dow Jones Industrial Average
The United States non-manufacturing sector slightly beat out estimates, according to today's Institute for Supply Management report, rising a paltry 0.2 point to move up to 53.7 in May. However, after last week's dismal jobs report, any type of growth is encouraging.
Checkup
Dow component Caterpillar
Financials were discounted heavily in May as volatility increased due to negative eurozone news. With international issues taking a back seat today, the S&P VIX (a measure of volatility in the market) decreased by 4.71%. Without eurozone distractions, Bank of America
Outside of the Dow, Starbucks
Takeaway
As news reaches the markets after tomorrow's ECB meeting, market activity is sure to pick up. The European banking community will discuss bailout plans to increase liquidity in Spain's banking sector, as well as a framework detailing the courses of action to keep Europe from burning. With increased instability expected in the market, it's a great time to check out The Motley Fool's special report: "3 Stocks That Will Help You Retire Rich." This free report will list three remarkable companies as well as offer great advice on how to invest to secure a comfortable retirement. Get your free report now.