REUTERS: U.S. stock index futures rose on Wednesday as upbeat earnings reports from retailers Lowe's and Target reflected robust consumer demand, helping ease some concerns around slowing economic growth.
The centerpiece for the day will be the release of the minutes from the Federal Reserve's July meeting, when it cut interest rates for the first time in more than a decade. The three main Wall Street indexes closed lower on Tuesday following a three-day rebound, which was driven by signs that major economies were considering stimulus to boost growth.On Tuesday, President Donald Trump said his administration was looking at cuts to payroll and capital gains taxes, a week after the U.S. yield curve inverted, which is widely viewed as a harbinger of a recession.
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