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

<p>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, […]</p>
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