NEW YORK, Dec 1 (Reuters) - U.S. stock index futures edged higher on Wednesday after data from payrolls processor ADP showed private sector jobs rose more than expected in November.
S&P 500 futures rose 14.4 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures jumped 123 points, and Nasdaq 100 futures added 25 points.