US stock futures inched higher around the flatline as Wall Street braced for July's inflation report and President Trump revealed his pick to head the Bureau of Labor Statistics.

US Stock Market Today: Wall Street's main indexes opened higher on Tuesday after data showed inflation rose broadly in line with expectations in July, putting the Federal Reserve on track to lower interest rates next month.

Wall Street's main indexes inched higher on Tuesday after data showed inflation rose broadly in line with expectations in July, putting the Federal Reserve on track to lower interest rates next month.