February data pointed to a slowdown in U.S. service sector - Markit

According to the latest report published by Markit, the growth of service sector in the United States dipped to five-month low. 

Key findings

• Rates of expansion in activity, new work and employment ease from January peaks
• Outstanding business falls for first time in three months
• Relatively muted price pressures signaled
• Business optimism has mellowed back to its post-election level
• Companies continue to report buoyant domestic demand