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Stock market today: World stocks are mixed ahead of key US inflation data

European markets open lower while Asian stocks are mixed after U.S. indexes declined ahead of an update on consumer inflation due later Wednesday. U.S. futures were mixed and oil prices rose. Hong Kong's benchmark fell while the Shanghai Composite index climbed as leaders convened an annual planning meeting in Beijing to set economic policies and growth targets for the coming year. On Tuesday, the S&P 500 shed 0.3% for its first back-to-back losses in nearly a month. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite also fell 0.3%. Wednesday's inflation report will be among the final big pieces of data before the Federal Reserve's meeting on interest rates next week.

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