U.S. stock index futures edged higher on Wednesday following solid earnings from retailers Target and Lowe's, a day after the S&P 500 completed ...
U.S. stock index futures edged higher on Wednesday following solid earnings from retailers Target and Lowe's, a day after the S&P 500 completed its fastest recovery from a bear market in history.
Supermarket operator Target Corp jumped 4.5per cent in premarket trade after posting its best quarterly comparable sales growth and online revenues that nearly tripled.Home improvement chain Lowe's Companies Inc rose 2.7per cent after beating estimates for quarterly same-store sales as it benefited from a surge in demand for its products from consumers stuck indoors.The S&P 500 closed at a record high on Tuesday, completing a recovery from a dramatic pandemic-led sell-off.
Minutes from Federal Reserve's meeting, set for release at 2 p.m. ET , could offer clues into the policymaker's view of the economy and its actions in September.
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