Stock market news live updates: Stock futures inch higher ahead of June inflation report

U.S. stocks fell in a turbulent session Wednesday as investors mulled hotter-than-expected inflation data for June. The S&P 500 slipped 0.3%, and the Dow Jones Industrial Average shed 140 points, or roughly 0.5% as of 12:30 p.m. ET. The tech-heavy Nasdaq Composite hovered just below breakeven. In June, headline inflation rose 9.1%, the most since…