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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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Hang Seng Surges 1.63% to 26642: Is Asia's AI Hype Shifting to Real Economy Assets?

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📅 May 07, 2026 · 03:38 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview The Hang Seng Index closed up 1.63% at 26642.32 today, driven primarily by strong performance in financials and consumer stocks, suggesting a domestic-led recovery sentiment amidst broader regional optimism and selective capital inflows. This move appears to signal a cautious return of confidence in the territory's economic outlook. Hong Kong's equity market demonstrated robust performance, with the Hang Seng Index finishing the session at 26642.32 , marking a significant +1.63% gain. The Hang Seng Tech Index, in contrast, saw a more modest rise of +0.19% , hinting at a potential rotation away from pure tech speculation. Trading volume on the Hang Seng came in above its 30-day average by approximately 15% , indicating solid institutional participation. Advancers outpaced decliners by a ratio of nearly 3:1 , reflecting broad-based buying interest. Th...
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Wall Street Surges: S&P 500 Climbs 1.46% as Tech & Industrials Lead, But Energy's Retreat Signals Deeper Shifts

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📅 May 07, 2026 · 01:47 AM EDT  |  Wall Street Daily Briefing S&P 500 7,365.12 ▲ 1.46% NASDAQ 25,838.94 ▲ 2.02% Dow Jones 49,910.59 ▲ 1.24% VIX 17.39 ▲ 0.06% Market Overview — May 06, 2026 On May 06, 2026, US stocks rallied robustly across the board, signaling a renewed appetite for growth and risk. The S&P 500 climbed 1.46% to close at 7365.12, while the tech-heavy NASDAQ led the charge with a significant 2.02% gain, reaching 25838.94. The Dow Jones Industrial Average also advanced 1.24% to 49910.59, showcasing broad-market strength. Yesterday, Wall Street staged a convincing rebound, with all major indices closing firmly in positive territory. The Russell 2000, representin...
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