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Nov 13 - U.S. stock index futures edged lower on Wednesday as an uptick in Treasury yields weighed on rate-sensitive equities ahead of crucial inflation data that will offer more signals on the pace of the Federal Reserve's interest rate reductions.
Economists polled by Reuters see core inflation rising 0.3% and the headline number up 0.2% on a monthly basis. CPI data is due at 8:30 a.m. ET. EV maker Tesla , opens new tab, however, gained 2.6% after closing down 6.2% in the previous session.Despite the last session's declines, Wall Street has been largely upbeat over the past few days, expecting Trump's pro-business stance and possible tax cuts to buoy corporate growth, even as some worries remain over higher tariffs and inflation.
Spirit Airlines' , shares plunged 64.4% after a report the U.S. carrier is preparing to file for bankruptcy protection, while the company said it is in talks with creditors.
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