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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...

HSI Dips 0.21%: AI Buildout Costs Weigh on Tech, But Energy Security Gains Traction

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📅 May 12, 2026 · 03:36 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview The Hang Seng Index closed down 0.21% at 26351.55 today, primarily influenced by a tech sector pullback driven by investor reassessment of AI infrastructure costs. Global sentiment, particularly cautious trading on US futures, also contributed to a generally subdued session, with capital appearing to rotate towards more tangible assets. Hong Kong's benchmark Hang Seng Index finished the session at 26351.55 , registering a modest decline of 0.21% . The broader sentiment was dampened by a significant drop in the technology sector, with the iShares Hang Seng Tech ETF (HK Tech) falling by 1.10% . Trading volume remained subdued, estimated at around 15% below its 30-day average , indicating a lack of strong conviction. Market breadth was negative, with approximately 60% of listed stocks declining . This pullback appears to be a direct reflection of headl...

Wall Street's Modest Gains Mask Deeper Shifts: Energy Surges 2.64% as AI Powers a Real Economy Rotation

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📅 May 11, 2026 · 08:09 PM EDT  |  Wall Street Daily Briefing S&P 500 7,412.84 ▲ 0.19% NASDAQ 26,274.12 ▲ 0.10% Dow Jones 49,704.47 ▲ 0.19% VIX 18.38 ▲ 6.92% Market Overview — May 11, 2026 On May 11, 2026, US stocks registered modest gains. The S&P 500 advanced by 0.19% to 7412.84, the NASDAQ edged up 0.10% to 26274.12, and the Dow Jones Industrial Average rose 0.19% to 49704.47. This subtle uptick masked underlying sector rotations, suggesting investors are recalibrating portfolios amidst evolving macro themes. The VIX climbing 6.92% to 18.38 on a day of minor index gains appears to signal investor unease beneath the surface. While the S&P 500 closed at 7412.84 , up a mere 0...