Stock Futures Waver as Market Brace for CPI Inflation Report

U.S. stocks were struggling for direction early Wednesday as investors’ focus shifted from tariffs to monthly inflation data. There was no fresh news about President Donald Trump’s plans to impose levies, meaning the January consumer price index print will likely be the main story driving the market action. The Bureau of Labor Statistics is set to publish the January CPI print at 8.30 a.m. Eastern Time.