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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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Geopolitical Jitters & Ghost GDP: Your 2026 Pre-Market Game Plan Amid Iran Inflation Warnings

📅 July 08, 2026 · 09:09 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are signaling a cautious to negative open tonight, with geopolitical tensions and inflation warnings weighing heavily on sentiment. Asian markets closed mixed but predominantly lower, while Europe is tracking significant losses, reflecting a global risk-off shift driven by the IMF's latest assessment on the economic fallout from ongoing conflicts. As the US market prepares to open, S&P 500 Futures are down 0.57% at 7508.25, while Dow Futures indicate a steeper decline of 0.90% , trading at 52717.0. The Russell 2000 Futures, often a bellwether for domestic sentiment, is also lower by 0.71% at 2977.5. Across Asia, the Nikkei 225 plummeted 2.11% to 66819.05, and Korea's KOSPI saw a significant dip of -5.35% to 7246.79, signaling deep regional concerns. Hong Kong's Hang Seng, however, bucked the trend, gaining 2.99% to 24199.46. ...
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