Stock market today: Wall Street slips ahead of new data on inflation and a big week for Big Tech

Wall Street drifted modestly lower early Tuesday ahead of a highly anticipated update on U.S. consumer prices later this week.

Futures for the Dow Jones industrials fell 0.2% before the bell, while the S&P 500 slipped 0.3%.

The Federal Reserve is weighing whether to keep raising interest rates steady in its effort to get inflation back to 2%. On Wednesday, the U.S. government will offer the latest monthly update on prices consumers are paying across the economy, and the forecast is they were 3.6% higher in August than a year earlier.

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