Stocks look for cautious open ahead of Fed minutes

|By:, SA News Editor

Stock futures edge lower, as investors look ahead to the release of minutes from the latest Fed monetary-policy meeting at 2 p.m. Eastern; S&P and Dow -0.1%, Nasdaq flat.

The weakness has coincided with losses among European indexes, as markets in France, Germany and the U.K. sit on their lows.

Market watchers will parse the Fed statement to determine whether the central bank is ready to raise interest rates sooner rather than later; then attention will shift to Yellen’s Friday speech from Jackson Hole.

Shares of Apple are slightly higher premarket after setting a new closing high yesterday, while Lowe’s -3% after lowering its guidance for full-year sales growth, and Target -2% after Q2 earnings missed estimates and a reduced full-year outlook.

Treasurys hold modest losses, with the benchmark 10-year yield higher by one basis point at 2.41%.