US stock futures saw minimal movement after Tuesday's close as investors awaited the August consumer inflation report, set for release Wednesday morning (ET time).
By 9:00 am AEST (11:00pm GMT) Dow Jones Industrial Average futures remained little changed while S&P 500 and Nasdaq 100 futures both edged down by 0.1%.
In after-hours trade, GameStop shares fell by 12% following the retailer’s announcement to amend an open market sale agreement, allowing the sale of up to 20 million additional Class A shares.
During Tuesday’s regular session, the Dow Jones Industrial Average, slipped 0.2%, the S&P 500 gained nearly 0.5%, and the Nasdaq Composite climbed 0.8%, buoyed by Nvidia's strong performance.
Investors are now focused on Wednesday morning’s consumer price index (CPI) report, with economists surveyed by Dow Jones predicting a 0.2% monthly increase and a 2.6% annual rise.
This data, along with Thursday’s producer price index (PPI) report, could heavily influence the Federal Reserve's interest rate decision at its meeting on September 18.
In bond markets, 10-year and 2-year Treasury yields were trading at 3.64% and 3.596%, respectively.
