Stock futures point to lower open after ADP report

April 1, 2015 12:43 PM

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Stock futures point to lower open after ADP report

NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Wednesday as a weaker-than-expected report on private sector employment raised concerns that Friday's impending jobs report could also point to worsening conditions in the labor market.

The ADP National Employment Report showed that U.S. private employers added 189,000 jobs last month, well below economists' expectations for 225,000 jobs. The report was the weakest since January 2014.

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