Futures mixed ahead of key inflation report; S&P 500 near record

U.S. stock futures were mixed ahead of what’s expected to be a hot inflation report, which could dictate Thursday’s trading on Wall Street. The Dow logged its third straight session of losses Wednesday. In a rather muted June, the 30-stock average was still less than 1% away from last month’s record close. The S&P 500, which also dipped Wednesday, remained 0.3% shy of its May record high close. The Nasdaq broke a three-session winning streak. But Wednesday’s modest decline, still kept the tech-heavy index within 1.6% from its late April record close.

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