U.S. stock-index futures pared losses and Treasuries fell after ADP Employer Services said companies added 297,000 jobs last month, almost triple the median economist estimate. Futures on the Standard & Poor’s 500 Index expiring in March slipped 0.3 percent to 1,261.40 at 8:17 a.m. in New York after sliding 0.8 percent earlier. Ten-year Treasury yields climbed three basis points to 3.36 percent. The S&P 500 yesterday retreated from the highest level since September 2008, led by a selloff in mining companies as a stronger dollar weighed on commodity prices. The gauge surged 6.5 percent last month, extending 2010’s advance to 13 percent, amid signs the economic recovery is accelerating. A report today may show service industries, which account for 90 percent of the U.S. economy, expanded in December at the fastest pace since May 2006, economists said. The Institute for Supply Management’s non-manufacturing index rose to 55.7 last month from 55 in November, according to the median economist forecast in a Bloomberg News survey. To contact the editor responsible for this story: Michael Regan at mregan12@bloomberg.net

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