The ADP jobs report, due at 8:15 a.m. ET, could add to a string of soft labor market indicators and push markets toward pricing in three Federal Reserve rate cuts this year — or not. Ahead of a raft of economic data, S&P 500 futures are climbing slightly, while the Dow Jones Industrial Average edged lower as Salesforce weighs following its less-than-stellar outlook. Initial jobless claims are due at 8:30 a.m. ET, following by the Institute for Supply Management service-sector activity index.
