According to CNBC, U.S. stock futures were little changed Wednesday evening as Wall Street prepared for the start of a new trading month. Futures tied to the Dow Jones Industrial Average added 60 points, or 0.1%, while S&P 500 futures and Nasdaq-100 futures each gained 0.1%.

In regular trading, the S&P 500 fell 0.3% and the Dow dropped more than 440 points, or 0.9%, while the Nasdaq Composite rose 0.2%. For September, the S&P 500 declined 0.5%, the Dow lost 4.3%, and the Nasdaq gained 1.9%. The S&P 500 and Nasdaq each advanced about 2% for the third quarter, while the Dow fell 2.7%.

Investors are weighing softer inflation data against elevated Treasury yields and uncertainty over the Federal Reserve's next rate decision, scheduled for the end of October. Tracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, said corporate earnings have remained resilient and questioned whether that strength can continue as borrowing costs stay high. The personal consumption expenditures price index for August rose 3.4% from a year earlier, below the Dow Jones consensus estimate of 3.7%.

The 10-year Treasury yield briefly moved above 5.3% on Wednesday, near 2007 highs, while the 30-year yield topped 5.6%, its highest level since 2002. Investors will next watch initial jobless claims on Thursday and the September jobs report on Friday. Nike is set to report earnings after the bell.