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What is the Consumer Price Index (CPI)?

What is the Consumer Price Index(CPI)? The Consumer Price Index (CPI) is a measure of the change in prices paid by consumers for a basket of goods and services. It is one of the most widely followed economic indicators, and it is used by investors to gauge inflation and make investment decisions. How is the CPI calculated? The CPI is calculated by the Bureau of Labor Statistics (BLS). The BLS surveys households across the United States to collect data on the prices they pay for goods and services. This data is then used to create a "basket" of goods and services that represents the spending habits of the average American household. The BLS calculates the CPI by comparing the prices in the basket of goods and services in a given month to the prices in the same basket of goods and services in a base year. The base year is usually 2000. How does the CPI affect investing? The CPI is an important indicator of inflation. When the CPI rises, it means that the cost of living is incre...
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Musk's $1.75 Trillion Bet, KOSPI's Plunge, and the S&P 500's Edge: What's Brewing for Tonight's Open?

📅 June 05, 2026 · 09:22 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot Futures are mixed to down, with tech leading losses. Asian markets closed lower, notably KOSPI's significant drop, while European indices showed slight resilience. This signals a cautious, potentially volatile US open driven by tech valuation concerns and regional instability. US equity futures point to a cautious start for tonight's session, with S&P 500 Futures down -0.70% at 7547.5 and NASDAQ Futures seeing a more pronounced decline of -1.42% to 30054.0. In contrast, Dow Futures managed a slight positive uptick of +0.03% to 51688.0, suggesting a potential rotation into more established sectors. Across Asia, markets concluded their day deep in the red; the Nikkei 225 fell -1.31% to 66588.12, the Hang Seng dropped -1.15% to 24961.95, and the KOSPI experienced a sharp plunge of -5.54% to 8160.59, reflecting significant regional anxieties. Europea...
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