ADP Employment Report: 182,000 private sector jobs added to the economy in Ocotber

ADP is calling for a 182,000 rise in private payrolls, a respectable gain that is right at expectations and that would likely keep in place chances for a December FOMC rate hike. Last month, ADP called for a 200,000 rise in September private payrolls, now revised to 190,000, which actually came in far lower at 118,000. Next indication on Friday's employment report will be ISM's non-manufacturing employment index to be posted later this morning.