* Lowe's Cos falls in premarket after cutting outlook
* Hertz tumbles after withdrawing forecast
* Fed minutes due at 2:00 p.m. EDT (1800 GMT)
* Futures: Dow off 1 pt, S&P off 0.25 pt, Nasdaq up 1.5 pts
By Chuck Mikolajczak
NEW YORK, Aug 20 U.S. stock index futures were
little changed on Wednesday after the S&P 500 notched two
straight days of gains and ahead of the release of minutes from
the most recent meeting of the Federal Reserve.
* Investors will peruse the Fed minutes, which will be
released at 2:00 p.m. (1800 GMT), for clues on how soon the
central bank plans to hike interest rates. At a two-day meeting
of the Federal Open Market Committee in July, the Fed had
trimmed its monthly bond-buying program by an additional $10
* An annual meeting of top central bankers in Jackson Hole,
Wyoming, from Thursday through Saturday will also be eyed for
possible insight into the path for U.S. monetary policy.
* The benchmark S&P 500 closed Tuesday within 10 points of
its all-time intraday high of 1,991.39 reached on July 24, while
the Nasdaq Composite extended gains and ended the session at yet
another 14-year high.
* Lowe's Companies lost 3.1 percent to $49.91 before
the opening bell after the world's No. 2 home improvement
products retailer posted better-than-expected second quarter
results but cut its full-year sales forecast.
* S&P 500 e-mini futures were down 0.25 point and
fair value - a formula that evaluates pricing by taking into
account interest rates, dividends and time to expiration on the
contract - indicated a flat open. Dow Jones industrial average
e-mini futures lost 1 point and Nasdaq 100 e-mini
futures added 1.25 points.
* Hertz Global Holdings tumbled 14.5 percent to $27
in premarket trading after the rental car company withdrew its
full-year financial forecast and said it expects 2014 results to
be "well below" its previous guidance due to business challenges
* Amicus Therapeutics shares surged 24 percent to
$5.67 in premarket trading after the company said its
experimental drug was as effective as enzyme replacement
therapies (ERTs) for patients with Fabry disease, a disorder
that leads to the abnormal build-up of fat.
* European shares dipped after a sharp two-day rally, with
investors rattled after Carlsberg issued a profit
warning, blaming deteriorating conditions in Russia.
* Asian stocks were steady after strong U.S. housing data
lifted Wall Street shares.
(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)