S+P 500 futures waiting for CPI report?

Yesterday the US stock markets all closed lower and as noted here earlier, it was the Dow Jones that went from hero to zero in terms of where it was at the close. The S+P 500 was next in line in that respect, closing 17 points lower, at 5,983.99. The index did fall to a session low at 5,960.08 ahead of that close, so it could have fared worse than it did. That said, the index futures have been pricing a lower opening for the most part since the close last night. The important US CPI data due later today (at 1.30pm GMT) could be important and it could explain the price action we are seeing so far today. We know the Fed is in a dovish mode at the moment and that is helping the US stock markets beyond the Trump trade dynamic. US consumer prices are not expected to have risen last month. The core annualised rate is forecast to come in slightly lower, at 3.3% compared to a rise of 3.4% in September. Anything that detracts markedly from that forecast will evoke a reaction in the dollar and US stocks. Meantime, the S+P 500 is currently priced to open around 5,980