• ISM Manufacturing Index posted its reading at 49.0 in May, the lowest since June 2009.

• The ISM Non-Manufacturing Index Increased to 53.7 in May

• Consumer confidence increased to a five year high with retail sales up 3.6% over a year ago.

• US economy added 175,000 jobs last month while unemployment rate climbed back to 7.6% as more people entered the workforce.

• Jobless claims fell to 346,000 last week versus 357,000 the prior week.

• Nonfarm productivity increased at a 0.5% annual rate in Q1

• The U.S. trade deficit widened less than expected in April, increasing 8.5%.

• Though it downgraded its expectations for 2013 economic growth, the ECB left its key lending rate unchanged at a record-low 0.5%. The central bank now expects the euro zones economy to contract 0.6% this year.

• For the week ending 6/07/13, the S&P 500 gained 0.78% closing at 1643.38. The MSCI EAFE Index lost – 1.14% closing at 1682.78 and the MSCI EM Index dropped -2.80% to end the week at 980.64.