NEW YORK, Nov 3 (Reuters) - U.S. stock index futures extended meager gains on Wednesday after data showed U.S. private employers added more jobs in October than economists forecast.
S&P 500 futures rose 1.6 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 gained 18 points and Nasdaq 100 futures added 2 points.
Private employers added 43,000 jobs in October compared with a revised loss of 2,000 jobs in September, according to a report by a payrolls processor.
S&P 500 futures traded at their highest in six months.