The S&P 500 Index ($SPX) (SPY) is down -0.24%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.34%. Stocks are trading lower this morning on caution ahead of Tuesday’s CPI report. A stronger-than-expected CPI report would further dampen hopes of a rate cut by the Fed over the near term. The consensus is for tomorrow’s Feb U.S. CPI to be unchanged from Jan at +3.1% y/y, which would be 0.1 point above the 2-3/4 year low of +3.0% posted in June 2023. The Feb core CPI is expected to ease to a new 2-3/4 year low of +3.7% y/y from Jan’s…