FRANKFURT (MarketWatch) -- Stock futures fell on Wednesday, pressured by worries over the state of the U.S. economic recovery ahead of data on private-sector employment for July. Futures on the Dow Jones Industrial Average dropped 38 points to 10,556. S&P 500 futures fell 5.10 points to 1,113.20 and Nasdaq 100 futures declined 8.25 points to 1,884.70. TODAY'S TOP MARKET STORIES S&P 500 (1 YEAR) 1,3001,2001,1001,000900 10SNFAJ • Market Snapshot: U.S. stocks in focus • Today's biggest advancing, declining stocks • Sign up for free, breaking-news email alerts EARNINGS WATCH | Earnings, updates, warnings THE MARKET BY SECTOR | Industries • Tech Stocks | Energy Stocks | Retail Stocks • Financials | Airline Stocks | Pharma and Biotech EXPANDED MARKETS NEWS • Bonds | Oil news | Gold news • Currencies | Market Data | Economic Calendar • See all the latest markets video The Dow (DJIA 10,636, -38.00, -0.36%) ended down 0.4% on Tuesday, hurt by disappointing earnings and economic reports. Traders are eagerly awaiting the ADP employment survey for July, which will be released at 8:15 a.m. Eastern time. The survey comes ahead of the closely watched nonfarm payrolls data due on Friday. In addition, the ISM non-manufacturing index for July will be reported at 10 a.m. Eastern. "Weaker economic data out of the U.S. yesterday has made investors slightly nervous ahead of the all important nonfarm payroll data due out on Friday," said Giles Watts, head of equities at City Index, in a note to clients. Investors are locking in profits, as the U.S. economic rebound faces significant headwinds, according to Watts. European stocks posted broad-based losses, with the Stoxx Europe 600 index down 1% in intraday trading. In Japan, shares ended sharply lower, as the rising yen hurt export firms. Shares of Toyota Motor Corp. (TM 72.77, +0.73, +1.01%) finished lower ahead of the company's announcement that it swung to a fiscal first-quarter net profit. The car giant also raised its outlook for the full year. On the U.S. corporate front, Time Warner Inc. (TWX 32.36, -0.17, -0.52%) , AOL Inc. (AOL 21.12, -0.09, -0.42%) and PG&E Corp. (PCG 45.09, -0.30, -0.66%) will report quarterly results before the market opens. Lloyds, SocGen report earnings Oil giant BP PLC (BP 40.00, +0.58, +1.47%) (UK:BP. 410.25, -5.40, -1.30%) said its damaged Macondo well in the Gulf of Mexico has reached a so-called static condition, a key step towards permanently stemming the flow of oil. Shares of BP fell 1.1% in London. Shares of Lloyds Banking Group (LYG 4.60, +0.03, +0.66%) (UK:LLOY 73.92, +2.00, +2.78%) gained 1.5% after it reported better-than-expected earnings for the first half. Read more. French banking group Societe Generale (FR:GLE 46.12, +0.64, +1.41%) said its second-quarter profit more than tripled to 1.08 billion euros ($1.43 billion). Its shares gained 0.9% in Paris. Shares of Allied Irish Banks PLC (AIB 2.69, +0.07, +2.67%) (IE:AIB 0.90, -0.09, -8.92%) tumbled 5.6% in Dublin after the lender reported a deeper first-half net loss. Gold futures rose to trade just below $1,200 an ounce, buoyed by strong investment demand and news that China has liberalized its domestic gold market. Gold for December delivery, the most actively traded contract, gained $10.60, or 1%, to $1,198.10 an ounce in electronic trading on Globex. In contrast, September oil futures fell 52 cents to $82.03 a barrel on Globex ahead of government data on petroleum inventories. The dollar index, which tracks the performance of the greenback against a basket of other major currencies, gained 0.2% to 80.718. Polya Lesova is a reporter for MarketWatch, based in Frankfurt. `

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