The Labor Department’s Consumer Price Inflation Report is anticipated on Thursday, with early signs indicating a lower opening for Wall Street. Dow futures were down 83.00 points, S&P 500 futures down 10.00 points, and Nasdaq 100 futures falling 25.50 points as of 8.10 am ET. On Wednesday, major averages closed higher, with the Nasdaq up 1.2 percent, Dow up 1.1 percent, and S&P 500 up 1.0 percent. Economic data to be released includes the Consumer Price Index for June and Jobless Claims for the week. Asian stocks hit record highs with Chinese and Japanese markets reaching new highs.

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