Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer interest rate cuts by the Federal Reserve. Futures for the S&P 500 and the Dow Jones Industrial Average were both down about 0.

Good news for the U.S. economy is back to being bad for Wall Street as the S&P 500, Dow Jones industrial average and Nasdaq all post losses.

Wall Street is drifting amid relatively modest moves, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. The