As traders anticipated the minutes from the Federal Reserve’s most recent policy meeting, hoping to gain more clarity on the possibility of an interest rate reduction, stock futures saw minimal movement on Wednesday.
Trading in Dow Jones Industrial Average futures saw a 0.1% increase of 57 points. S&P 500 futures saw a 0.2% increase, while Nasdaq-100 futures saw a 0.2% increase.
Target saw a premarket trading increase of more than 14% following the release of fiscal second quarter earnings that above Wall Street’s projections. A decreased full-year sales estimate caused rival retailer Macy’s to fall more than 8%.
Source (CNBC)
