The U.S. consumer price index report showed that inflation fell to its lowest annual rate in more than two years during June. (Photo by Joe Raedle/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Excluding food and energy prices, core CPI was 0.2% higher month on month and 4.8% higher on an annual basis. Highest close this yearU.S. stocks advanced Wednesday, with the S&P 500 and the Nasdaq Composite closing at their highest level since April 2022, after the cooler-than-expected inflation report.

---

Persons: Joe Raedle, Dow Jones, xAI Elon Musk, xAI, Bob Iger, Bob Chapek, Barbie let's, Greta Gerwig, Roth Organizations: CNBC, Nasdaq, SpaceX, Twitter, Google, Magic, Disney Locations: Miami , Florida, The U.S