Trump China Trip, Cisco Earnings, Fed Vote

US futures hovered flat: Dow down 26 points (0.1%), S&P up 12 points (0.2%), Nasdaq up 151 points (0.5%).
April US consumer prices rose sharply, raising market expectations to 20 basis points of Fed hikes by next April.
Trump will meet Xi Jinping in China to discuss trade, Taiwan and Iran war, amid oil above $70 per barrel, Brent $106.82.
Cisco Systems will report April‑quarter earnings; March quarter showed lower adjusted gross margin due to memory‑chip price surge, prompting price hikes.