U.S. stock futures were down Tuesday night as investors prepared for earnings reports from major retailers and the release of the Federal Reserve’s latest meeting minutes. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.05%, 0.01%, and 0.03%, respectively, at 6:38 p.m. EDT on August 19.
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This follows a mixed performance in Tuesday’s regular trading session. The S&P 500 and Nasdaq Composite witnessed a “risk-off” day, falling 0.6% and 1.5%, respectively. In contrast, the Dow managed a slight gain, boosted by a post-earnings rally in Home Depot (HD) shares.
Looking ahead, investors will also be closely monitoring remarks from Fed Chair Jerome Powell on Friday for further clues on the direction of interest rates. Before the Fed minutes are released, traders will also be focused on a series of pre-market earnings reports from retail giants, including Lowe’s (LOW), Target (TGT), and TJX Cos (TJX).
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