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Here comes Markit services PMI...

Bob Bryan   

Here comes Markit services PMI...

The latest reading of the US' all important services sector is set to cross the tape at 9:45 a.m. ET.

The Markit services purchasing managers index (PMI) and ISM non-manufacturing index for the month of October will be released on Thursday morning.

Economists are expecting a print of 54.8 for Markit and 56.0 for ISM's reading.

Anything above 50 indicates expansion for the service sector.

We'll have the numbers as they cross so stick here for updates.

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