Hey everybody Rob Maurer here and today we are going to be talking about some

new media report. We've also got updated information out of China, some news on batteries and a few other items as well.

Tesla stock was down again today 1.1% to close at $237.1%,

the Nasdaq up 7 tenths of a percent on the day.

We didn't see the same distribution of gains in the NASDAQ that we saw yesterday with

mega caps underperforming.

It was a little bit more mixed today.

Tesla and Google down, but the rest of the bigger market cap companies were up.

Before market opened today, as we talked about, the Consumer Price Index or

C. P. I. Report for November was released, largely in line with expectations,

as we can see recap from Bloomberg here

year over year was up 3.1% in line with expectations.

Core up 4% over year also in line with expectations.

The only difference between expectations was the month over month change for the headline number up 1 tenth of a percent versus estimates of flat.

As such, no major changes in expectations for the FOMC meeting tomorrow with that interest rate decision coming.

Markets are saying there's a little bit of a possibility of an increase but largely expecting

a continuation of a rate pause and then eventual rate cuts sometime around March or May next year.

So any reaction to that FOMC meeting tomorrow

will mostly be, I think, determined based off

of what the statement says and what Fed Chair Jerome Powell

says in the press conference afterwards.

All right, let's start off with some China data here.

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