07:10 AM EDT, 06/11/2025 (MT Newswires) -- Wall Street futures pointed modestly lower pre-bell Wednesday ahead of a national inflation report, and after an announcement that China and US negotiators in London had reached a "framework" for easing trade tensions.

In the futures, the S&P 500 fell 0.1%, the Nasdaq declined 0.1% and the Dow Jones was off 0.2%.

Markets also await the May consumer price index (CPI) report, slated for an 8:30 am ET release, and which is expected to show a 2.5% on-year gain, with a 2.9% rise on the CPI-core, that strips out certain food and energy.

Oracle (ORCL) plans to report earnings, post-bell.

Asian exchanges traded mostly higher overnight, while European bourses inched south midday on the continent.

On the economic calendar, in addition to the CPI report, is the weekly EIA petroleum status report at 10:30 am ET.

In pre-market action, bitcoin traded at $109,314, West Texas Intermediate crude oil traded higher at $65.95, and 10-year US Treasuries offered 4.50%. Spot gold traded for $3,332 an ounce.