US STOCKS-Futures dip after 2-day run; ADP data on tap
* Crude falls after 4-day rally
* ADP employment data on tap
* Futures off: Dow 32 pts, S&P 7 pts, Nasdaq 15.25 pts
By Chuck Mikolajczak
NEW YORK, Feb 4 (Reuters) - U.S. stock index futures dipped on Wednesday, after a two-day rally for the S&P 500 ahead of data on the labor market and the services sector.
* The benchmark S&P index jumped more than 1 percent for a second straight day on Tuesday, powered by energy shares as oil prices continued their recent run higher, with upbeat January auto sales also boosting the climb.
* Investors will eye the January private-sector employment report from payrolls processor ADP at 8:15 a.m. (1315 GMT) for signs of continuing improvement in the labor market. Expectations call for 225,000 jobs, down from the 241,000 jobs added in December.
* The S&P 500 has gained 2.8 percent over two sessions as the bounceback in oil prices and hopes of a Greek debt deal eased some concerns about the global economy, although the index has been locked in a trading range of 1,972 to 2,093 since mid-December and is nearly flat since Dec. 31. Equities have seen more volatility in 2015, with the daily trading range in the index often double its average over the past year.
* Later in the session at 9:45 a.m. (1445 GMT), financial data firm Markit will release its final January reading on the services sector. At 10 a.m. (1500 GMT), the Institute for Supply Management will release its reading on the services sector. Continuación...