Wall Street’s Next Test: CPI, Bond Yields and Bank Earnings

US equity futures edged higher in Wednesday reporting as investors looked toward September CPI. Major bank shares were under pressure after mixed quarterly results, including weaker fixed-income trading at some lenders. A hotter inflation reading could pressure richly valued growth shares, while a cooler result could provide relief. Company guidance and earnings quality still matter. Watch market breadth, Treasury yields and earnings commentary together.