The S&P 500 futures are down 35 points and are trading 0.9% below fair value.
The Nasdaq 100 futures are down 132 points and are 1.1% below fair value.
The Dow Jones Industrial Average futures are down 220 points and are trading 0.5% below fair value.
Futures for the major indices are down this morning ahead of the July 26-27 FOMC Minutes release at 2:00 p.m. ET today. Target’s (TGT) weaker-than-expected quarterly results are adding to the hesitation in premarket action.