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FOMC minutes ahead; Constellation Brands reports - what’s moving markets

FOMC minutes ahead; Constellation Brands reports - what’s moving markets

Investors are closely monitoring the Federal Reserve's latest policy minutes, as U.S. stock futures decline prior to their release. The Federal Open Market Committee recently increased borrowing costs at their September meeting. Elon Musk's SpaceX aims to raise $40 billion to purchase additional Nvidia chips, with the company seeking about $10 billion in bank loans and $30 billion in investment-grade debt.

Constellation Brands suffered a decline in shares after-hours trading, even though the beer producer reported better-than-expected second-quarter profit and sales. Levi Strauss is scheduled to release its earnings figures after the market closes, with the company hoping to tap into the premium denim segment amid economic uncertainty.

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