Monday's economic data, which included the September ISM Index and August Construction Spending:

The ISM Index for September rose to 60.8 from an unrevised reading of 58.8 in August while the Briefing.com consensus expected a downtick to 57.8.The key takeaway from the report, which stands at its highest level since May 2004, is that it was accompanied by the highest reading for the Prices Index (71.5) since May 2011. That understanding will feed a belief that the Federal Reserve is apt to raise the fed funds rate again at its December FOMC meeting.The Construction Spending report for August rose 0.5% while the Briefing.com consensus expected an increase of 0.2%. The prior month's reading was revised to -1.2% from -0.6%.The key takeaway from the report is that overall construction spending remains modest and an inhibitor of stronger real GDP growth.