5 things to know before the stock market opens on Wednesday, April 12th

Here are the top stories investors need to start their trading day:

Investors are watching the new inflation report, which is expected to be released at 8:30 AM ET Wednesday morning. The consumer price index for March is expected to have risen 0.2%, compared with a 0.4% rise in February, according to economists polled by Dow Jones. The big question remains what the Federal Reserve will do about interest rates at its next meeting in May. “It kind of seems like the calm before the storm,” said Ryan Detrick, chief market strategist at Carson Group. “I mean it’s light volume, not a lot of big moves today. Traders are just kind of watching the prize, looking forward to the big CPI number.” Follow live market updates.

The Biden administration on Wednesday proposed new tailpipe emissions rules that would require up to two-thirds of all new vehicles sold in the United States to be all-electric by 2032. The limits proposed by the Environmental Protection Agency would set pollution standards for cars and trucks that would force the auto industry to sell more. of electric cars. The rules lift a previous commitment to electric vehicles by President Joe Biden and will significantly reduce climate-changing greenhouse gases from the transportation sector. The electric vehicle industry in the United States is still in its infancy, with many legacy automakers converting their model lines to all-electric companies and many electric vehicle start-ups just getting started.

Football ‘Sunday Ticket’ will be available on YouTube TV – to subscribers and holdouts alike. The streaming device announced Tuesday that it will offer the basic package of out-of-market NFL games to YouTube TV subscribers for $349 per season and to non-subscribers for $449 per season. This is the first time the package has been offered as a standalone product after YouTube TV won the rights, replacing DirecTV. The offer could help YouTube TV stand out in an increasingly crowded landscape of streaming services. And a tiered pricing model (plus an extra $100 off for anyone who signs up before June 6) could draw more eyes to YouTube TV’s Internet and TV packages, which could boost traditional network TV channels as well.

Google will not require people to be vaccinated against the Covid virus in order to enter company buildings, a Google executive told employees Tuesday. Chris Racco, vice president of global security at Google, wrote in a company-wide note, which was seen by CNBC’s Jennifer Elias. Google’s vaccine requirement sparked some chagrin when it was first introduced in December 2021 and in the months that followed, the company threatened to lose wages and eventually put vaccination as a condition of its back-to-office plans.

Brazilian President Luiz Inácio Lula da Silva is visiting China to discuss trade and diplomacy, where he plans to propose an initiative to mediate peace talks between Russia and Ukraine. Lula had earlier discussed the possibility of forming a group of countries to work to facilitate an end to the war. It aims to get Chinese President Xi Jinping on board, with Brazil a seat at the table, and to have China pass the message on to Russia given the two countries’ close ties. “I am convinced that both Ukraine and Russia are waiting for someone else to say, let’s sit down and talk,” Lula said earlier this month. Follow live updates of the Russian-Ukrainian war.

— CNBC’s Samantha Sobin, Emma Neuberger, Lillian Rizzo, Jennifer Elias, and Audrey Wan contributed to this report.

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