The major averages hovered near the flatline on Wednesday as the postelection rally lost some steam and traders contemplated a key inflation report that was in line with expectations. We’ll track the market action.

Plus, Zimmer Biomet (ZBH), a global medical technology leader in orthopedics, is partnering with Arnold Schwarzenegger, who will take on the newly established role of Chief Movement Officer. We’ll speak to Arnold & the ZBH CEO.

Stocks are retreating today, as the major averages take a breather from their post-election run. Key components of the so-called “Trump trade” were among the most notable losers. Small-cap stocks, which are viewed as a potential beneficiary of Trump’s return to the White House, were broadly under pressure, with the Russell 2000 dipping about 2%. We’ll tell you all you need to know about that and more.

The Dow surged more than 300 points today and was on pace for a record close as the benchmark’s postelection rally presses forward. Monday’s gains put the Dow on track to close above 44,000 for the first time. Bitcoin surged above $87,000, boosted by hopes of deregulation as well. We’ll tell you all you need to know about that and more.

The Dow and S&P 500 climbed to new records today, headed for their best week in a year after Donald Trump’s election win.

Stocks also got a boost from the Fed this week, as the central bank lowered interest rates by a quarter point on Thursday.

Fed Chair Jerome Powell noted he is “feeling good” about the economy during a press conference following the change.

We’ll tell you all you need to know today.

The Fed approved its second consecutive interest rate cut today, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy.

We’ll break down what it all means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

Stocks are higher today, as traders await the results from the high-stakes U.S. presidential election. The race between former President Donald Trump and Vice President Kamala Harris is expected to be tight.

The results could have a significant effect on where stocks end the year, but investors may want to brace for some near-term choppiness. We’ll tell you all you need to know for you and your money.

Stocks struggled to hold their ground on Monday as investors geared up for the presidential election and a potential Fed rate cut later this week. We’ll track all of the action for you.