India, June 4 -- The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction following the upward move seen over the two previous sessions.
The futures had been pointing to a higher open on Wall Street but gave back ground following the release of a report from payroll processor ADP showing weaker than expected private sector job growth in the month of May.
ADP said private sector employment rose by 37,000 jobs in May after climbing by a downwardly revised 60,000 jobs in April.
Economists had expected private sector employment to jump by 115,000 jobs compared to the addition of 62,000 jobs originally reported for the previous month.
"After a strong start to the ...