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Futures Rise After Walmart, Cisco Results; Traders Assess Fed Minutes

Wall Street futures rose on Thursday as Walmart and Cisco reported upbeat results, while investors assessed minutes of the U.S. Federal Reserve’s last policy meeting which showed most officials held a hawkish view on interest rates. Futures for the industrials-heavy Dow Jones (.DJI) rose to session highs as Walmart (WMT.N) raised its full-year forecasts and beat estimates for second-quarter sales, lifting the company’s shares up as much as 3% before the bell. Walmart results follow stronger-than-expected earnings from Target (TGT.N) and Home Depot (HD.N) earlier this week, marking an upbeat second quarter for major U.S. retailers. Cisco Systems (CSCO.O) gained 2.4% in premarket trading after the networking equipment maker’s fourth-quarter results beat estimates, […]

The post Futures Rise After Walmart, Cisco Results; Traders Assess Fed Minutes appeared first on Vladimir Ribakov.



This post first appeared on Professional Forex Trader And Mentor, please read the originial post: here

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