Among stocks, Tesla Inc TSLA.O slipped 1% in premarket trading after a Goldman Sachs analyst trimmed the price target for the electric vehicle maker's stock. Data on Tuesday showed that U.S. consumer prices grew at their slowest pace in about a year in November, sparking an early rally on Wall Street, with the S&P 500 .SPX jumping as much as 2.8% to a three-month high. "This CPI release ultimately cements the case for a downshift in the pace of Fed rate hikes on Wednesday," BCA Research said in a note.