U.S. stock-index futures signaled a lower open on Wednesday after data had private-sector job creation in May failing to live up to expectations.
The ADP private sector payrolls report, usually a warm up act for the official payrolls, found the private sector added 179,000 jobs last month versus a 215,000 estimate.
The Commerce Department reported thetrade gap increased to $47.2 billion in April. And, other data from the Labor Department found workers less productive in the first quarter, revised down by 3.2 percent.
Markets "typically don't respond to either of these figures and will wait more eagerly for the ISM services index at 10 a.m." Eastern, noted Peter Boockvar, chief market analyst at the Lindsey Group.