CNBC Daily Open: Markets shrug off inflation warnings

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Fed cautious about inflation and Trump's policies
At their December meeting, U.S.Federal Reserve officials expressed concern that inflation would stubbornly remain above the central bank's 2% target, and over the possible impact of U.S. President-elect Donald Trump's policies. Consequently, officials would be moving more slowly on interest rate cuts, minutes released Wednesday showed.

Stocks shrugged off inflation concerns
U.S. stocks eked out a small gain on Wednesday even though the 10-year Treasury yield touched to its highest since April following the release of the Fed's minutes. The pan-European Stoxx 600 index lost 0.19%, relinquishing earlier gains after flash data by the European Commission showed that EU economic sentiment indicator had dropped 1.7 points in December.

Quibble over quantum computing
Nvidia CEO Jensen Huang said on Tuesday that getting "very useful quantum computers" to market could take 15 to 30 years, causing quantum computing stocks to tumble on Wednesday. Alan Baratz, CEO of D-Wave Quantum, shares of which slumped more than 30%, said that Huang is "dead wrong" — "we at D-Wave are commercial today," Baratz told CNBC.

Rolls-Royce benefiting from ultra-rich
Rolls-Royce Motor Cars on Wednesday said it is investing over £300 million ($369.9 million) to expand its global headquarters. The investment will help it meet growing demand by the ultra-rich, who have requested bespoke embellishments such as 18-carat gold sculptures, embroideries comprising more than 869,500 stitches