By MarketWatch Premarket news ADP private-sector payrolls advanced by 158,000. See: ADP: 158,000 private-sector jobs added in October. Jobless claims fell by 9,000 to 363,000. See: U.S. jobless claims drop. U.S. productivity was up 1.9% in the third quarter. See: U.S. third-quarter productivity rises. In notable corporate news, Exxon Mobil Corp.’s XOM +0.61% profit fell and Pfizer Inc.’s PFE -2.20% quarterly profit also declined. See: Exxon profit falls 7%, but beats estimate. See: Pfizer profit falls on Lipitor exclusivity. Indications: U.S. stock futures see modest gains U.S. stock market futures traded steady as investors digested news on ADP payrolls, jobless claims and other economic data. See: Indications. Economic Report: China PMI surveys point to ongoing recovery China’s manufacturing activity hit a multimonth high in October, according to rival business surveys, bolstering the view that the world’s second largest economy has turned the corner. See: China PMI surveys point to ongoing recovery. Europe Markets: Improving China data support European markets Upbeat Chinese manufacturing data gave European stocks a boost. See: Europe Markets. Asia Markets: China stocks lead Asia higher after manufacturing data Mainland Chinese stocks posted strong gains to lead Asian markets, but technology shares were checked by a plunge in Panasonic Corp. See: Asia Markets. Currencies: Dollar edges higher The dollar edged higher in quiet trade. See: Dollar edges higher. Futures Movers: Oil futures inch up Crude-oil futures posted modest gains in electronic trading. See: Oil futures inch up. Metals Stocks: Gold futures extend gains Gold futures moved higher amid expectations that seasonal demand from India could support prices. See: Gold futures extend gains. Before the Bell is a daily emailed newsletter. You can subscribe here.

Source