Most rate-sensitive stocks including Meta Platforms Inc META.O, Alphabet Inc GOOGL.O, Nvidia Corp NVDA.O and Tesla Inc TSLA.O gained between 0.7% and 1.7% in premarket trading. The U.S. Labor Department's CPI data, due at 8:30 am ET, is expected to show prices increased by 7.3% year-on-year last month, moderating from a 7.7% rise in October. "Needless to say, a lower or an in-line (CPI) reading could keep the market rebound we have seen since end of September alive," analysts at J.P. Morgan said in a note.