According to the Institute for Supply Management, Factory activity in the United States decelerated in February, touching the lowest level of the index since Sept. 2003. The ISM index fell to 55.3 percent in February from 56.4 percent in January. This was an unexpected decline.

New orders fell to 55.8 in February from 56.5 in January. The employment index fell to 57.4 from 58.1.

Source: MarketWatch