U.S. stocks inch higher at the open Thursday on the heels of the Fed's decision to raise interest rates and positive consumer price data. On the economic front, the U.S. consumer price index rose 0.2% in November, while consumer prices rose 1.7% over the last 12 months, the highest level since late 2014. This data signals a move toward the Fed's 2% inflation target after the Fed raised interest rates 25 basis points on Wednesday, the first time since last December.
Shares of Yahoo! (YHOO) fell after the Internet company disclosed that over one billion Yahoo! accounts were hacked. This may draw concerns for Verizon (VZ) , which was looking to buy Yahoo!'s assets for $4.8 billion. Earlier this year, Yahoo! reported a data breach that affected 500 million user accounts that were were stolen.
Uber will be on watch today, after one of its self-driving cars ran through a red light in San Francisco. The San Francisco Examiner was the first to report video of the car. Uber issued a statement saying the incident was due to human error, the driver was suspended and the company is still investigating the issue.
Finally, Nintendo's (NTDOY) Super Mario Brothers game will be released Thursday on Apple's (AAPL) app store. The game, called Super Mario Run, will be released in 151 countries and regions and is the first game developed specifically for mobile. Full access to the game will cost users $9.99.