Investing.com - U.S. non-farm private employment rose more-than-expected in June, easing concerns over the U.S. labor market, industry data showed on Wednesday.
In a report, payroll processing firm ADP said non-farm private employment rose by a seasonally adjusted 188,000 in June, above expectations for an increase of 160,000.
The previous month's figure was revised down to a gain of 134,000 from a previously reported increase of 135,000.
While not viewed as a reliable guide for the government jobs report due Friday, it does give guidance on private-sector hiring.
Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD shedding 0.2% to trade at 1.2953.
Meanwhile, U.S. stock index futures remained lower. The Dow Jones Industrial Average futures indicated a loss of 0.6% at the open, S&P 500 futures pointed to a drop of 0.6%, while the Nasdaq 100 futures indicated a decline of 0.6% at the open.
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