The stock market is now on track for a modestly lower opening as stock futures have dipped following the November ADP Employment Change Report, which saw private-sector employment shed 32,000 jobs (Briefing.com consensus: 20,000).
Microsoft (MSFT 478.51, -11.49, -2.3%) is down in the premarket after The Information reported that it is lowering software sales quotas.
Just released, industrial production increased 0.1% month-over-month in August (Briefing.com consensus 0.1%) following a downwardly revised 0.3% decline (from 0.1%) in August.
The capacity utilization rate was 75.9% (Briefing.com consensus 77.3%), following a downwardly revised 75.9% (from 77.4%) in August.