U.S. stocks dip as inflation rises, Fed rate outlook uncertain, and tech earnings vary.

The U.S. stock market is set to open amid rising concerns over inflation data, with the latest report showing consumer prices rose 3.2% year-over-year in September, slightly above expectations. Investors are also monitoring Federal Reserve Chair Jerome Powell’s upcoming testimony, where he is expected to address interest rate policy. Meanwhile, tech stocks are seeing volatility following mixed earnings reports from major companies. Oil prices edged higher on supply concerns, while Treasury yields rose as bond markets priced in a potential delay to rate cuts. Wall Street is closely watching for signals on the economy’s resilience and the Federal Reserve’s next moves.