With NFP on hold due to the shutdown, today's ISM Services was our only chance for for data driven volatility in the 2nd half of the week. A big beat/miss in this report is certainly capable of moving the needle, but today's example is mixed. New orders fell sharply, but employment ticked up slightly (and employment may be a bit more tradeable right now for obvious reasons). Prices were basically unchanged at elevated levels. After some modest weakness heading into the data, there's been a bit of additional selling in its wake.
