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Here comes Markit services PMI ...

Akin Oyedele   

Here comes Markit services PMI ...

Markit Economics will release its flash US services purchasing manager's index (PMI) at 9:45 a.m. ET.

Economists estimate that the index rose to 51.4 in March, after a slowdown to 49.7 in February.

Although Markit's index dipped into contractionary territory - below 50 - ISM's gauge of the sector has held above that mark.

But both showed that the services sector, which accounts for most of US economic output, had a sluggish start to the year.

We'll have the latest once the data cross, so refresh this page for updates.

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