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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...

S&P 500 Drops 1.24% on May 15, 2026: Energy's Rally and Tech's Tumble Signal Real Economy Shift

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📅 May 15, 2026 · 08:09 PM EDT  |  Wall Street Daily Briefing S&P 500 7,408.5 ▼ 1.24% NASDAQ 26,225.14 ▼ 1.54% Dow Jones 49,526.17 ▼ 1.07% VIX 18.43 ▲ 6.78% Market Overview — May 15, 2026 Yesterday, US stocks broadly declined on May 15, 2026, with the S&P 500 falling 1.24% to 7408.5. The NASDAQ Composite experienced a sharper drop of 1.54% to 26225.14, while the Dow Jones Industrial Average finished down 1.07% at 49526.17. This widespread pullback reflects increasing investor caution. On May 15, 2026, Wall Street witnessed a significant retreat across major indices. The S&P 500 closed at 7408.5 , shedding 1.24%, marking a notable departure from recent stability. The tech-heavy...

Nvidia's Pressure Cooker & The Ghost GDP: US Futures Signal Cautious Open Amid Global Dip

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📅 May 15, 2026 · 09:07 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot Global markets are signaling a cautious US open tonight, with futures across major indices showing a broad-based decline. This collective downturn, evidenced by significant drops in Asian and European sessions, suggests investors are bracing for increased volatility and potential capital outflow from risk assets as the trading day commences on Wall Street. As of 10:30 PM KST, US equity futures are firmly in the red, with S&P 500 Futures down 1.15% to 7438.75, and NASDAQ Futures leading the decline, shedding 1.67% to 29192.0. Dow Futures are also weaker, falling 0.87% to 49717.0, while the Russell 2000 Futures are off by 1.58% at 2824.0, indicating broad small-cap pressure. Overseas, Asia closed significantly lower, with Japan's Nikkei 225 down 1.99% to 61409.29 and South Korea's KOSPI plunging 6.12% to 7493.18. European bourses followed suit, as G...

HSI Drops 1.5%: Geopolitical Risk Premium Hits Hong Kong, Tech Woes Deepen

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📅 May 15, 2026 · 03:36 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview The Hang Seng Index concluded the session down 1.53% at 25984.4 , driven primarily by a broad-based sell-off in financials and consumer stocks, compounded by lingering geopolitical uncertainties and a cautious global tech outlook. Hong Kong’s Hang Seng Index (HSI) closed notably lower today, shedding 398.7 points to settle at 25984.4. This decline was mirrored across the region, with the Hang Seng Tech Index also retreating by 0.48% , indicating a persistent apprehension within the growth sector. Trading volume appeared subdued, registering approximately 85% of its 30-day average, suggesting a lack of conviction among buyers. Market breadth was decisively negative, with decliners outnumbering advancers by a margin of nearly 4 to 1 . This bearish sentiment was likely exacerbated by cautious signals from Wall Street futures and renewed concerns over...