ADP Indicates Private Job Sector Still Losing

LONDON (MarketWatch) -- Losses on U.S. stock futures accelerated Wednesday after ADP said private-sector employment dropped by 23,000, confounding economist expectations for a 40,000 rise. Shortly after the data, S&P 500 futures fell 3.6 points to 1,165.80 and Nasdaq 100 futures fell 5.5 points to 1,960.00.