(Reuters) - U.S. stock index futures pared losses on Wednesday after a softer-than-expected private payrolls report for December eased some worries that the Federal Reserve will be cautious in cutting interest rates this year.
The ADP (NASDAQ:ADP) National Employment report showed the U.S. economy added 122,000 jobs in the private sector last month, compared with economists' estimate of a rise of 140,000.
At 8:17 a.m. ET, Dow e-minis were down 0.1%, S&P 500 e-minis slipped 0.1% and Nasdaq 100 e-minis dropped 0.2%.