US STOCKS-Wall St set to dip as monthly private payrolls disappoint

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* Pfizer, BioNTech rise on getting UK approval for vaccine
* Salesforce drops on $27.7 bln deal to buy Slack
Technologies
* NetApp gains on upbeat profit forecast
* Futures: Dow and Nasdaq down 0.4% each, S&P down 0.3%

(Adds comment, details; updates prices)
By Medha Singh and Susan Mathew
Dec 2 (Reuters) - The S&P 500 and the Nasdaq were set to
ease on Wednesday from record levels hit in the previous session
as data showing fewer-than-expected private job additions in
November added to concerns about the near-term pressure on the
economy.
The ADP data is the latest sign that soaring new infections
and business restrictions are hampering the labor market's
recovery. The more crucial employment report is expected on
Friday. Positive updates on coronavirus vaccine have helped
investors raise bets on a swift economic rebound next year,
powering the Wall Street's main indexes to life-highs recently.
Pfizer Inc PFE.N and BioNTech's BNTX.O COVID-19 vaccine
got the green light for use in Britain, the first Western
country to approve a shot for COVID-19. Pfizer rose 3.3% and
BioNTech added 5%. "It's great news for Pfizer to be able to monetize it
earlier (but) approval in one country would not really see a
broader impact on markets," said Ingo Schachel, head of equity
research at Commerzbank, Germany.
"After a few days of strong equity market performance, it's
moderate profit taking."
Meanwhile, U.S. officials on Monday unveiled details of
their plan to distribute vaccines to millions of Americans
starting later this month. At 08:33 a.m. ET, Dow E-minis 1YMcv1 fell 121 points, or
0.41%, S&P 500 E-minis EScv1 dropped 10.75 points, or 0.29%.
Nasdaq 100 E-minis NQcv1 declined 51.25 points, or 0.41%.
Investors are keen on progress in stimulus talks after a
bipartisan group of U.S. senators and House of Representative
members proposed a $908 billion relief bill on Tuesday.
Getting a generous stimulus package through Congress is a
top priority, Joe Biden said in an interview with the New York
Times. The President-elect also said he would not immediately
cancel the Phase 1 trade deal that President Donald Trump struck
with China. Among individual stocks, Salesforce.com Inc CRM.N shed
about 6% as it agreed to buy workplace messaging app Slack
Technologies Inc WORK.N in a $27.7 billion deal as it bets on
an extended run for remote working. Cloud data service provider NetApp's shares NTAP.O jumped
7.5% after it provided current quarter profit above expectations
after topping estimates in the second quarter.
Later in the day, investors will turn to the Federal
Reserve's Beige Book report, a glimpse of the economy based on
conversations with business contacts.