Lilly will study whether diet pills can effectively control addictive behaviors. Dave Ricks, CEO of Lilly, said that the company will start to study whether its best-selling diet pills can also effectively control addictive behaviors such as alcoholism, smoking and drug abuse. Ricks said at a meeting that these drugs are "anti-hedonic" and may temporarily make patients get rid of drug dependence. Some doctors have said that this drug can help alleviate drug addiction. Novo Nordisk also said earlier this year that it planned to conduct research on drug addiction.U.S. stock index futures expanded before the market, with S&P 500 futures up 0.4%, Nasdaq futures up 0.6% and Dow futures up 0.2%.ExxonMobil Oil: US President-elect Trump will bring good prospects to the US oil and gas industry. Support US President-elect Trump to repair the "broken" licensing system in the US energy field.
Analysts commented on the US CPI in November: the data is in line with expectations, and there may be four interest rate cuts next year. Brian Jacobsen, chief economist of Annex Wealth Management, said: "There is nothing unexpected in the CPI report, and everything is in line with expectations. Housing cost is still the main driver of inflation. With the employment report and inflation report, nothing can stop the Fed from cutting interest rates by 25 basis points next week. What will be exciting is the summary of the Fed's economic forecast. There may be four interest rate cuts in 2025, and inflation will eventually fall to the target level. "The further rebound of CPI in the United States is in line with market expectations. The annual rate of CPI in the United States in November was 2.7%, which was expected to be 2.7% and the previous value was 2.60%. After seasonal adjustment, the monthly CPI rate is 0.3%, expected 0.3%, and the previous value is 0.20%. The annual rate of core CPI in the United States in November was not seasonally adjusted to 3.3%, which was expected to be 3.3% and the previous value was 3.30%. After seasonal adjustment, the monthly rate of core CPI is 0.3%, the expected rate is 0.30%, and the previous value is 0.30%.Macy's fell 8.2% before the market, and the company lowered its profit outlook after discovering accounting errors.
Traders increased their bets on the Fed's interest rate cut in December.After the release of CPI data, the yield of US Treasury bonds fluctuated and fell, and the yield of 10-year Treasury bonds reported 4.236%. The yield of two-year US Treasury bonds fell to 4.149%, and the yield curve of 2/10 US Treasury bonds steepened to 8.7 basis points.German Chancellor Angela Scholz submitted an application for a vote of confidence, and German Chancellor Angela Scholz sent a request to Parliament on Wednesday to hold a vote of confidence on December 16th, thus paving the way for early federal elections next year. Since the collapse of the coalition of political parties led by Scholz, the policy-making in Europe's largest economy has basically stagnated. If, as expected, Scholz loses the vote of confidence, he must ask the President to dissolve Parliament and hold a new election. Scholz and the opposition parties unanimously agreed to hold a general election on February 23rd next year. Last week, French Prime Minister Banier lost in a vote of no confidence, which highlighted the unusual political instability faced by these two European powers.