Stock futures fell slightly on Wednesday as investors awaited January’s consumer inflation report. Futures tied to the S&P 500 edged down 0.1%, while Dow Jones Industrial Average futures lost 78 points, or 0.2%. Nasdaq 100 futures were 0.1% lower. The consumer price index report is set for release at 8:30 a.m. ET. Headline inflation is expected to have grown 0.3% from the prior month and 2.9% from 12 months earlier, according to Dow Jones. Some economists on Wall Street have raised concerns that even as certain categories may see disinflation going forward, Trump’s tariffs could offset that. But even with these worries, the economy remains resilient and investors should bear that in mind, said Ed Yardeni, president of Yardeni Research. “We tend to focus on the macroeconomic policies … but the reality is that the rest of us working stiffs are doing an amazing job of keeping the economy going despite Washington,” he said Tuesday on CNBC’s “Power Lunch.” “My conclusion is first of all, when it comes to investing, don’t let your politics get in the way.” In addition to Wednesday’s CPI report, investors will watch testimony from Federal Reserve Chair Jerome Powell’s before the House Committee on Financial Services. Powell testified Tuesday to the Senate Banking Committee that policymakers were in no hurry to make further interest rate cuts. U.S. Treasury yields held steady on Wednesday as investors braced themselves for the January consumer inflation report. At 3:45 a.m. ET, the 10-year Treasury yield was up less than one basis point to 4.5454%, while the 2-year Treasury yield was up just over one basis point to 4.3002%. Asia-Pacific markets mostly rose Wednesday as investors digested U.S. President Donald Trump’s tariff impact on regional economies. Japan’s Nikkei 225 rose 0.42% to close at 38,963.70 after resuming trading following a holiday, while the Topix closed flat at 2,733.33. South Korea’s Kospi added 0.37% to end the day at 2,548.39, while the small-cap Kosdaq fell 0.59% to close at 745.18. Hong Kong’s Hang Seng Index was up 2.41% in its final hour of trade. Mainland China’s CSI 300 added 0.95% to close at 3,919.86. Australia’s S&P/ASX 200 ended the day up 0.6% at 8,535.30. Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and sanctions threats despite worries that escalating trade tariffs could dampen global economic growth. Brent crude futures were up $1.11, or 1.46%, at $76.98 a barrel, while U.S. West Texas Intermediate crude rose 99 cents or 1.37% to $73.31. Both contracts posted gains of near 2% in the prior session after three weekly losses in a row. Gold prices slipped on Wednesday after rising to an all-time high in the previous session, as Federal Reserve Chair Jerome Powell’s hawkish comment cemented views of slower rate cuts this year, while investors awaited a key U.S. inflation report. Spot gold fell 0.1% to $2,895.38 per ounce by 0232 GMT after climbing to a record high of $2,942.70 on Tuesday. U.S. gold futures eased 0.4% to $2,922.40.