U.S. consumer prices rise at their fastest pace in over 30 years in October, jumping 6.2% and pushing yields higher, while major indices close in the red. Disney shares drop after the bell, as the House of Mouse reports lower Disney+ subscribers than expected, and posts its first earnings miss since the beginning of the pandemic. But, CEO Bob Chapek reaffirms his guidance and expansion plans to CNBC. Plus, the world’s two biggest carbon emitters come together at COP, as China and the U.S. announce a surprise plan to boost climate cooperation and cut emissions. And earnings season continues. Siemens tops sales and orders expectations for the fourth quarter, as the German corporate giant proposes a dividend of €4 a share. Zurich Insurance reaffirms its 2022 targets as it reports strong momentum across all business segments, and a strong capital position.

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