Dow futures flat, traders brace for CPI

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By 9:35pm ET (11:35pm GMT) Dow Jones Futures, S&P 500 Futures and Nasdaq 100 Futures were each trading within a range of 0.1%.

Ahead in Wednesday’s trade, market participants will be closely monitoring CPI data, with analysts expecting a 3.6% annualized increase, up from last month’s reading of 3.2%.

During Tuesday’s trade, the Dow Jones Industrial Average lost 17.7 points or 0.1% to 34,646, the S&P 500 dipped 25.6 points or 0.6% to 4,461.9 and the NASDAQ Composite lost 144.3 points or 1% to 13,773.6.

On the bond markets, United States 10-Year rates were at 4.28%.