Stock futures moved higher Wednesday after an unofficial read on the jobs market met forecasts and the U.S. trade deficit narrowed. 

S&P 500 futures added 0.23%, Dow Jones Industrial Average futures climbed 0.25%, and Nasdaq futures gained 0.31%.

The U.S. added 182,000 jobs in October, according to the latest ADP jobs report. The read was as economists expected. The survey has come in above the official jobs report five out of the six past months. The Labor Department's jobs report, out Friday, is expected to show 205,000 jobs added to nonfarm payrolls in October. 

The U.S. trade deficit narrowed 15% in September to $40.8 billion, a reading that could push third-quarter GDP estimates slightly higher. Imports fell 1.8% as crude oil, aircraft and automobile imports declined. Exports rose 1.6% after dropping to a three-year low in August. 

Tesla(TSLA) - Get Report spiked nearly 9% in premarket trading after guiding for vehicle deliveries of up to 19,000 in the fourth quarter as it ramps up production of its Model X. However, the automaker did suffer a wider third-quarter loss than expected, its 10th straight quarter without a profit. Telsa posted an adjusted loss of 58 cents a share, 8 cents wider than expected. 

Wendy's(WEN) - Get Report climbed nearly 2% as quarterly profit beat estimates on wider margins. Same-store sales rose 3.1% at North American restaurants over the quarter. The fast food chain expects full-year sales growth between 2% and 2.5%. 

21st Century Fox(FOXA) - Get Report was slightly lower after a disappointing first quarter tied to weak film releases. Sales at its film studio fell 28% to $1.79 billion on weak box office results for The Fantastic Four and the loss of syndication revenue from its sale of TV show How I Met Your Mother.

Zynga(ZNGA) - Get Report jumped more than 1% after reporting a better-than-expected third quarter. The online games company reported profit of $3.05 million, swinging from a loss of $57.1 million a year earlier. Profit was driven by reduced expenses. The number of players of its games fell 21%, while monthly active users slid 27%.

Time Warner (TWX) reported a better-than-expected quarter, earning $1.25 a share, 16 cents above forecasts. Revenue jumped 5% to $6.56 billion, driven by strong growth in its HBO segment. The company's Warner Bros. movies unit also performed better than forecasts. 

Michael Kors (KORS) jumped more than 6% after sales jumped nearly 7% higher in its recent quarter. Net income of $1.01 a share came in 11 cents above estimates. The fashion designer also approved an additional share buyback program worth $500 million.  

CBS(CBS) - Get Report added 3% despite suffering a decline in revenue tied to television licensing and pay-per-view. Sales fell 3.3% to $3.26 billion. Quarterly profit of 88 cents a share beat estimates by 7 cents.

Groupon(GRPN) - Get Report shares plunged 24% after the deals site offered a weak outlook. The company said it expects between a penny's net loss to a penny's profit a share in the fourth quarter, below estimates of 7 cents a share in profit. Groupon also appointed Chief Operating Officer Rich Williams as its new chief executive. Current CEO Eric Lefkofsky will become chairman. 

Etsy(ETSY) - Get Report slid 7% after missing sales estimates and reported higher marketing costs in its third quarter. Revenue jumped 38% to $65.7 million, though fell short of estimates by $470,000. Marketing costs spiked 88%. However, the online crafts marketplace did narrow its net loss to 6 cents a share from 15 cents a share a year earlier. 

Crude oil prices edged toward $48 a barrel after a surge higher on Tuesday. Crude oil prices moved higher after an oil worker strike in Brazil continued. The strike has slowed daily output by 25% in the world's ninth-largest oil-producing region. Separately, a port blockage in Libya would likely limit its production to less than 400,000 barrels a day. Oil was also on watch ahead of Wednesday's weekly domestic inventories data. West Texas Intermediate crude moved 0.15% higher to $47.97 a barrel on Tuesday.