US STOCKS-Wall St set for higher open on strong private jobs data
* Oct private sector jobs growth better than forecast
* Tesla rises after co reassures on production pace
* Groupon shares sink on weak revenue forecast
* Futures up: Dow 46 pts, S&P 4.75 pts, Nasdaq 14.5 pts (Adds details, comments, updates prices)
By Abhiram Nandakumar
Nov 4 (Reuters) - Wall Street was set to open higher on Wednesday after a report showed private sector job growth was stronger than expected last month, giving investors some optimism about the health of the labor market ahead of Friday's nonfarm payrolls data.
The ADP's report on private employment showed an addition of 182,000 jobs in October, compared with the forecast of 180,000 additions.
Other data showed that the U.S. trade deficit narrowed sharply in September to its lowest level in seven months as exports rebounded.
Federal Reserve Chair Janet Yellen is scheduled to testify on the Fed's actions and plans for bank regulation and supervision at 10:00 a.m. ET (1400 GMT). Continuación...