US stock futures pare gains on weaker-than-expected May ADP jobs data
- Country:
- United States
U.S. stock index futures pared gains on Wednesday after data showed that private employers added 27,000 jobs in May, falling far short of economists' expectations. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 180,000 jobs. At 8:22 a.m. ET, Dow e-minis were up 102 points, or 0.4%. S&P 500 e-minis were up 10 points, or 0.36% and Nasdaq 100 e-minis were up 36.5 points, or 0.51%.
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