Stock Futures Waver Ahead of Inflation Data

Stock futures were little changed ahead of inflation data expected to show the largest annual increase in prices in four decades

U.S. stock futures were little changed ahead of data expected to show the largest annual increase in prices in four decades, underscoring the broad inflation pressures affecting the economy.snapping a five-day losing streak

The yield on the benchmark 10-year Treasury note ticked up to 1.748% Wednesday from 1.745% Tuesday, when the rally in government bond yields halted. Yields and prices move inversely. The U.S. consumer-price index, a key measure of inflation, is forecast to top 7% annually for the first time since 1982 when figures for December are released at 8:30 a.m. ET.

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