Markit 'flash' services PMI at 54.7

The Markit 'flash' US Services PMI Business Activity Index registered 54.7 in November.

This was down only fractionally from 54.8 in October and the second strongest seen over the past 12 months.

As a result, the average reading so far in Q4 points to the fastest upturn in business activity since the final quarter of 2015.