Hotter-than-expected October inflation data pushed equity index futures lower, led by small caps, while boosting U.S. Treasury yields and lifting the dollar. Front-end yields jumped, with the CME FedWatch Tool pricing the probability of a December rate hike at 85.3%. Energy markets turned lower ahead of the monthly OPEC oil market report, with WTI crude falling for the sixth time in seven sessions. Market participants also monitor afternoon earnings alongside remarks from Federal Reserve Governor Michelle Bowman and upcoming German inflation data.