Dow Inches Higher With Inflation Data, Fed Minutes, Earnings Ahead—and What Else Is Happening in the Stock Market Today

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The stock market was heading cautiously higher Wednesday, as investors turned to catalysts in the day ahead in the form of inflation data, minutes from the latest meeting of the Federal Reserve’s monetary policy committee, and the first wave of U.S. corporate earnings.

Futures for the Dow Jones Industrial Average indicated an open 75 points higher, after the index slipped 117 points Tuesday to close at 34,378. Futures for the S&P 500 and Nasdaq signaled a similar start.