US STOCKS-Futures pare gains after big miss on private job adds

* U.S. ADP payroll change lowest since March 2010
* Salesforce.com gains after FY forecast above expectations
* Mexico will begin trade talks with U.S. on Wednesday
* Futures up: Dow 0.25%, S&P 0.25%, Nasdaq 0.47%

(Adds quote, details; Updates prices)
By Medha Singh
June 5 (Reuters) - U.S. stock index futures pared gains on
Wednesday after data showed that the private sector in May added
fewest jobs since 2010, but expectations that the central bank
would cut interest rates to counter any economic slowdown
supported sentiment.
Private-sector jobs rose by 27,000 last month, much below
expectations of a 180,000 increase, according to the ADP
National Employment Report, raising bets that the Fed would cut
rates as soon as this month. MMT/
Fed Chairman Jerome Powell said on Tuesday the central bank
would respond "as appropriate" to risks posed by a global trade
war, helping the three main indexes rack up their biggest
one-day gains in five months.
"There is nothing to suggest that the Fed is going to cut
rates anytime soon, but obviously that could change if we see a
little more pronounced slowdown in the short term," said Scott
Brown, chief economist at Raymond James in St. Petersburg,
Florida.
"The ADP number does raise some concerns about the further
impact of tariffs. It adds to the case of interest rate cuts,
the odds of that happening are going up."
The focus now shifts to the more comprehensive nonfarm
payrolls from the Labor Department due on Friday.
On the trade front, Mexico will begin talks with the United
States on Wednesday where officials will seek to persuade the
White House that they have done enough to curb immigration and
avoid looming tariffs.
President Donald Trump has said he would likely go ahead
with new tariffs on Mexican imports next week, despite some
opposition from his own party. At 8:59 a.m. ET, Dow e-minis 1YMc1 were up 64 points, or
0.25%. S&P 500 e-minis ESc1 were up 7 points, or 0.25% and
Nasdaq 100 e-minis NQc1 were up 33.75 points, or 0.47%.
Technology sector .SPLRCT stocks were set to rise again on
Wednesday, with Apple Inc AAPL.O gaining 2.1% and Microsoft
Corp MSFT.O about 1%.
Salesforce.com Inc CRM.N rose 3.1% after its quarterly
revenue and profit beat analysts' estimates and the company
forecast full-year results above expectations. Another set of data - the ISM's non-manufacturing survey -
is expected to show a reading of 55.5 in May, in line with prior
month's reading. The report is due at 10:00 a.m. ET.