Stocks struggle before crucial US inflation report: Markets Wrap

News Snapshot:

(Bloomberg) — European stocks and US equity futures posted small moves in cautious trading before the release of keenly awaited inflation data that could provide clues on the timing of Federal Reserve interest rate cuts. Most Read from Bloomberg Auto stocks fared best in Europe as Michelin rallied after the tiremaker’s earnings and a share buyback announcement. Overall, the Europe Stoxx 600 index slipped 0.3%, while US equity futures were little changed. Treasuries and the dollar were steady before the inflation report, which is expected to show the first reading below 3% on year-over-year headline inflation since March 2021, supporting...