U.S. stock futures were sliding on Wednesday early morning after the consumer-price-index report showed headline inflation rose 0.5% in January, putting the annual inflation rate at 3%. The Dow Jones Industrial Average futures were falling 1%,

Stock index futures fell sharply on Wednesday, while yields rose as retail inflation came in hotter than expected. S&P 500 futures (SPX) -0.9%, Nasdaq 100 futures (US100:IND) -1%, and Dow futures (INDU) -0.

U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to its 2% target.

S&P 500 futures are down 0.2%. Dow Jones Industrial Average futures are dipping 0.2%. Nasdaq 100 futures are falling 0.1%. On Tuesday, the Dow Jones Industrial Average rose 123 points, or 0.28%, to 44,

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Stock futures fell sharply after the CPI inflation report showed prices gained more than expected last month. Futures tracking the Dow fell 0.9% and S&P 500 futures also fell 0.9%. Both indexes were largely flat ahead of the inflation report.

Stock index futures were steady on Wednesday as investors awaited key inflation data. S&P 500 futures (SPX) were unchanged, Nasdaq 100 futures (US100:IND) +0.1%, and Dow futures (INDU) -0.1%. The 10-year Treasury yield (US10Y) rose 1 basis point to 4.