Stock market today: Dow, S&P 500, Nasdaq head for losing week with key inflation report on deck

Economic data: CPI, month-on-month, August (+0.4% expected, +0.1% previously); Core CPI, month-on-month, August (+0.2% expected, +0.2% previously); CPI, year-on-year, August (+3.4% expected, +3.4% previously); Core CPI, year-on-year, August (+2.4% expected, +2.5% previously); Real average hourly earnings, year-on-year, August (-0.1% previously); Real average weekly earnings, year-on-year, August (+0.1% previously); U. Mich. sentiment, September preliminary reading (51 expected, 51.7 previously); U. Mich. current conditions, September preliminary reading (51.5 expected, 51.9 previously); U. Mich. expectations, September preliminary reading (51 expected, 51.5 previously); U. Mich. 1-year inflation, September preliminary reading (+4% previously); U. Mich. 5-10 year inflation, September preliminary reading (+3.3% expected, +3.3% previously);

Earnings calendar: The Kroger Co. (KR), Rent the Runway (REN

Catch up on some top stories you may have missed overnight:

PayPal keeping options open amid buyout rumors, CEO says

Adobe forecast misses estimates, renewing fears about AI impact

Trump moves to end H-1B grace period after job loss

Global bonds buckle as surging oil prices inflame inflation risks

US average diesel price passes $6 a gallon for the first time, GasBuddy says