Markit US October services PMI 55.2 vs 55.9 expected

The service-sector survey from Markit

  • Flash reading was 55.9
  • Prior was 55.3
  • New business 54.2 vs 56.2 prior (lowest since April)
  • New orders 54.3 vs 55.6 prior

These numbers point to the risk of a downside surprise in the ISM non-manufacturing index, which is up next.

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