Instant View: U.S. private sector adds 162,000 jobs in September - ADP

ADP national employment report shows U.S. employment increased by 162,000 private sector jobs in September. Reuters consensus forecast for ADP payroll change for September was for an increase of 143,000 jobs.

COMMENTS:

JOHN BRIGGS, DIRECTOR, MARKETS, RBS, STAMFORD, CONNECTICUT

"At 162,000, the ADP employment report was pretty close to expectations, though the number has done terribly at predicting anything. I expect no reaction."

MARKET REACTION:

STOCKS: U.S. stock index futures added to their gains .

(Americas Economics and Markets Desk; +1-646 223-6300)