Early Update – Consolidation / Gap Fill Underway

11:33 a.m. ET First, economic data since the open: The ISM Non-Manufacturing PMI decreased to 51.4% in March (consensus 52.6%) from 52.6% in February. The dividing line between expansion and contraction is 50.0%, so the March reading reflects the expansion in the services sector — the largest swath of the U.S. economy — slowed in…