Stock Futures Hold Gains After ADP Data
Meanwhile, the Bureau of Labor Statistics said that nonfarm labor productivity in the third quarter rose 2.9% after the previously reported increase of 1.9%. Economists predicted a 2.7% rise.
At 10 a.m., the Census Bureau is expected to say that factory orders were flat in October after rising by 4.8% in September.
Also at 10 a.m., the ISM Non-Manufacturing Index is predicted to show a decline to 53.5 in November from 54.2 in October.
The FTSE 100 in London was up 0.14% Wednesday, while the DAX in Germany was up 0.19%. Japan's Nikkei average finished up 0.39% and Hong Kong's Hang Seng index closed up by 2.15%.Gold for February delivery was rising $7.80 at $1,703.60 an ounce at the Comex division of the New York Mercantile Exchange, while January crude oil contracts were up 8 cents at $88.58 a barrel. The benchmark 10-year Treasury was up 1/32, diluting the yield to 1.605%. The dollar was up 0.13%, according to the
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