CNBC Daily Open: Renewed inflation worries jolt markets

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 .

Inflation fears drag down U.S. markets
U.S. stocks fell and Treasury yields rose on Tuesday as the ISM services index shows a big jump in prices for December. Asia-Pacific markets traded mixed on Wednesday. South Korea's Kospi rose 1.3%. It was boosted by shares of Samsung Electronics, which climbed around 3.6% even as the company forecast that its fourth-quarter profits would come in lower than LSEG expectations.

Meta ends fact-checking program
Meta on Tuesday announced it will eliminate its third-party fact-checking program to "restore free expression" and move to a "Community Notes" model, similar to the system on Elon Musk's platform X. Employees took to their internal forum and criticized the company's decision, made two weeks before U.S. President-elect Donald Trump's inauguration.

Anthropic's potential $60 billion valuation
Anthropic, the artificial intelligence startup founded by former OpenAI research executives, is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, CNBC has confirmed. The funding round is being led by Lightspeed Venture Partners, according to a person familiar with the matter. Anthropic, which has been backed heavily by Amazon, is the creator of the AI chatbot Claude.

India might benefit from Trump, portfolio manager says
U.S. President-elect's Donald Trump's plans to impose heavy tariffs on China make India's geopolitical positioning "favorable in this Trump 2.0 era," according to GIB Asset Management's portfolio manager Kunal Desai. India is