Futures Almost A Standstill Ahead Of Fed Minutes

Wochit
Stock futures are almost at a standstill as markets await any hint of changes in Fed thinking in minutes from its July economic policy meeting. Stocks were set to open little changed, following the Dow industrials' largest weekly drop in more than a year, as traders positioned for an expected move from the Federal Reserve to scale back its economic stimulus. The United States urged Japan to open its auto and insurance markets more to foreign companies as the two countries pursue bilateral talks linked to a broader free-trade agreement. The United States hopes to make a proposal to Japan on its trade barriers in September, U.S. Trade Representative Michael Froman said. The talks are aimed at reaching a conclusion on the Trans-Pacific Partnership free trade initiative by the end of the year.
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