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Dow futures flat, traders brace for CPI

Investing.com - U.S. stock futures were trading in a tight range during Tuesday's evening deals, following a mixed session for major benchmarks, as investors braced for fresh consumer price index data set for release during Wednesday's session.

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%.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.