My top 10 things to watch Wednesday, Dec. 11 1. Wall Street is set for a higher open after the consumer price index report for November came in as expected. Headline CPI was up 0.3% month over month and 2.7% on an annual basis. Ex-food and energy, core CPI was up 3.3% on a 12-month basis. Traders are betting that these numbers are enough to get another Federal Reserve rate cut next week. 2. General Motors called it quits on Cruise, its driverless ride-hailing service.
A General Motors Cruise self driving car, often referred to as a robotaxi, drives in front of the Ferry Building on the Embarcedero, San Francisco, California, August 17, 2023.Wall Street is set for a higher open after the consumer price index report for November came in as expected. Headline CPI was up 0.3% month over month and 2.7% on an annual basis. Ex-food and energy, core CPI was up 3.3% on a 12-month basis.
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