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.