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Stock market today: S&P 500, Dow futures slip with key CPI inflation print on deck

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Donald Trump,US Stock Futures,Consumer Price Index

Investors are looking to August's CPI reading to lift the uncertainty around the size of the Fed's first rate cut in years.

US stock futures took a step back on Wednesday as investors braced for a crucial consumer inflation report and weighed up the first presidential debate between Donald Trump and Kamala Harris.to lift the uncertainty around the size of the Federal Reserve's first interest-rate cut in years. After a mixed monthly jobs report, the price data could settle the debate over whether to expect a 0.5% or 0.25% easing in the Fed's policy decision next week.

The CPI report, due for release at 8:30 a.m. ET, is expected to show headline inflation of 2.5% in August, a decelerationfor insight into the nominees' plans for the economy. Their exchanges were seen as light on detail on issues that could sway markets, such as tariffs, taxes and regulation.in pre-market trading as bets on a Harris election win for the Democrats climbed following the debate. Leading token bitcoin is launching its second Get to Give Days campaign from September 12-15.

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