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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...

Geopolitical Jitters & Tech Flight: Your 2026 Pre-Market Playbook as Oil Swings and ASML Shines

📅 June 08, 2026 · 09:15 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot Tonight's U.S. futures signal a cautiously optimistic open, particularly for tech, contrasting sharply with significant declines across Asian markets. The S&P 500 and NASDAQ futures are showing modest gains, suggesting resilience despite global instability, while European indices closed mixed. This divergence highlights a bifurcated market sentiment driven by specific geopolitical events and sector rotations. As the U.S. market prepares to open, S&P 500 Futures are up 0.82% at 7461.0, while NASDAQ Futures lead with a 1.61% gain to 29492.5. Dow Futures show a more modest increase of 0.23% to 51053.0, and the Russell 2000 Futures are also positive, rising 1.45% to 2875.9. This contrasts with a challenging session for Asian markets, where the Nikkei 225 plummeted 3.85% to 64024.6 and the KOSPI experienced a steep 8.29% drop to 7484.41. The Hang Seng...