Stock Market Today: S&P 500, Dow Futures Fall As May Inflation Rises The Most In 37 Months— Autozi Internet, Cracker Barrel In Focus (UPDATED)

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)
U.S. stock futures fell on Wednesday, as the Nasdaq 100, S&P 500, and the Dow Jones indices declined, following Tuesday’s mixed close.
The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose 4.2% year-over-year in May, matching FactSet estimates to hit its highest mark since April 2023.
Core inflation also remained sticky, with the all items less food and energy index accelerating by 2.9% over the past 12 months, climbing past the 2.8% rate seen in April.
On Tuesday, President Donald Trump ordered military strikes against Iran after a U.S. Apache helicopter was brought down near the Strait of Hormuz. Trump later downplayed the severity of the incident, te