It was a light day of trading on Wall Street with all the major indices lower this afternoon, as investors remain cautious ahead of Friday's government jobs report.
On the economic front, the Commerce Department is reporting a 2.1% gain in factory orders in May, exceeding expectations for a gain of 2%.
Constellation Brands (NYSE:STZ) missed earnings expectations, as profits were hurt by the higher cost of grapes. Despite the earnings miss, the company raised its full year forecast.
Among automakers, both Ford (NYSE:F) and General Motors (NYSE:GM) reported an increase in June sales from a year earlier, sending shares of both companies higher today.
Tomorrow, we'll take a look at the numbers for weekly mortgage applications as well as the ADP employment report.
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