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U.S. Stock Futures Extend Gains as ADP Report Shows Jobs Growth

U.S. stock-index futures extended gains after an industry report showed companies added more jobs than forecast in June, bolstering confidence in the economic recovery.

Futures on the Standard & Poor’s 500 Index expiring in September climbed 0.7 percent to 1,345.9 at 8:16 a.m. in New York. Dow Jones Industrial Average futures increased 69 points, or 0.5 percent, to 12,638.