US futures rising for the first time this week
NEW YORK (AP) — U.S. stock futures are rising for the first time this week with investors getting a peek at private sector hiring, ahead of Friday’s big employment report from the Labor Department.
Trading volume is light, however.
Dow Jones industrial futures are up 12 points to 15,903. S&P futures have gained half a point to 1,791.90. Nasdaq futures are up 3.5 points to 3,479.25.
Payroll processor ADP issues its report on job growth for private companies in November before the market opens. Predictions call for 175,000 new jobs, up from 130,000 in October.
Also Wednesday, the U.S. reports on the trade deficit and new home sales. The Federal Reserve issues the Beige Book, an anecdotal snapshot of the nation’s business conditions.
The Institute for Supply Management releases its service sector index for October.