ISM non-manufacturing index 52.1 vs 53.0 exp

• Lowest since Jan 2010
• Employment 52.3 vs 50.8 prior
• New orders 53.3 vs 55.5 in May
• Prices paid 48.9 vs 49.8 prior (lowest since July 2009)
• Business activity index 51.7 vs 55.0 exp and 55.6 prior

S&P 500 making fresh session lows, down 9 points to 1364. The employment component improved but any boost to risk assets from a strong NFP will be sold hard afterwards.