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Jim Cramer's top 10 things to watch in the stock market Wednesday

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Stocks jumped after the May consumer price index came in cooler than Wall Street expected.

My top 10 things to watch Wednesday, June 12 Bonds yields fell after CPI, with the yield on the Fed-sensitive 2-year Treasury reaching its lowest level since April 5. The Dow , the S & P 500 and the Nasdaq were looking up nearly 1% each. Despite the encouraging inflation picture after the CPI, I'm still not convinced a September Fed interest rate cut is guaranteed. The timing of the report is convenient: Fed Chair Jerome Powell holds his post-June meeting news conference later Wednesday.

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