(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window)

*

CPI data due at 8:30 a.m. ET

*

Trump Media & Technology ( DJT ) shares slide

*

Gamestop ( GME ) falls after stock offering

*

Futures down: Dow 0.4%, S&P 500 0.3%, Nasdaq 0.4%

(Updated at 6:58 a.m. ET)

By Shashwat Chauhan and Lisa Pauline Mattackal

Sept 11 (Reuters) - Wall Street futures dipped on

Wednesday ahead of CPI data that will provide clarity on Federal

Reserve policy, while investors priced in greater odds of

Democrat Kamala Harris winning the U.S. presidency following the

first presidential debate.

After a string of weakening economic data, markets have

assessed the likelihood of a larger-than-usual 50-basis point

rate cut at the Fed's next meeting, and are watching for

August's consumer price index (CPI) print to confirm inflation

is easing back to the central bank's target.

Harris put her Republican rival Donald Trump on the

defensive in a combative presidential debate on Tuesday.

"An extension of the presidential debate fallout in markets

will get mixed up with the impact of the August inflation report

today ... this is the last big data release before the Sept. 18

FOMC announcement," ING analysts said.

After the debate, pricing for a Trump victory slipped by 6

cents to 47 cents on online betting site PredictIt, while

climbing to 57 cents from 53 cents for a Harris win.

While the debate offered Wall Street little clarity on key

policy issues, some market watchers see Harris's proposals to

raise the corporate tax rate as likely to hit company profits,

while Trump's tougher stance on tariffs could stoke inflation.

Yields on U.S. government bonds fell across the curve. The

yield on the 10-year note was last at 3.6068%, its

lowest level in more than a year, while safe-haven assets such

as the Japanese yen and Swiss franc also

rose.

"Relative to Trump, we see Harris' policies as less fiscally

expansionary, less focus on tax cuts," noted Jefferies' chief

Europe economist Mohit Kumar.

Shares of Trump Media & Technology Group ( DJT ), Trump's

media firm, slid 14% in premarket trading.

August headline inflation is expected to ease to 2.6%

year-on-year, while the "core" figure, which excludes volatile

components like food and energy, is expected to remain unchanged

at 3.2% annually.

Markets see a 70% chance of a 25-basis point cut at the

Fed's meeting on Sept. 17-18, according to CME's FedWatch Tool.

Producer prices data is also due on Thursday.

At 06:58 a.m. ET, Dow E-minis were down 156 points,

or 0.38%, S&P 500 E-minis were down 15.5 points, or

0.28%, and Nasdaq 100 E-minis were down 66.75 points, or

0.35%.

Among other stocks, GameStop ( GME ) dropped 9.2% after the

videogame retailer, which has been at the center of a "meme

stock" frenzy, said it had filed for an offering of up to 20

million shares and reported lower second-quarter revenue.

Large banks' stocks were lower after slumping on Tuesday as

comments from top executives raised worries about earnings.

JPMorgan Chase ( JPM ) and Goldman Sachs ( GS ) lost about 0.3%

each, while Morgan Stanley ( MS ) fell 1.3% on Wednesday.

Cryptocurrency and blockchain-related stocks slipped as

bitcoin fell nearly 2%. Trump has positioned himself as a

crypto-friendly candidate.

Exchange operator Coinbase Global ( COIN ) lost 2.7%,

software firm MicroStrategy ( MSTR ) eased 3.7% and crypto miner

Riot Platforms ( RIOT ) fell 2.6%.