U.S. stock futures edged down on Wednesday evening after the S&P 500 (SPX) snapped a three-day winning streak. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 were down 0.25%, 0.21%, and 0.2%, respectively, at 8:35 p.m. EST, June 11.
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Wednesday marked a losing session on Wall Street, with the S&P 500 closing down by 0.27%. The Nasdaq Composite closed lower by 0.5%, while the Dow Jones remained flat.
Those moves came after the May consumer price index (CPI) rose less than expected. The report showed inflation rising by 0.1% month-over-month (MoM) and 2.4% year-over-year. That was less than the Dow Jones forecast of 0.2%. Meanwhile, core CPI, which excludes the often-volatile food and energy prices, rose 0.1% MoM.
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