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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...

KOSPI Plunges 5% Despite Robust US Futures – A Disconnect Worth Watching

Photo by Brendan Church on Unsplash 📅 August 03, 2026 · 09:12 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are showing broad gains this evening, with the Dow leading the charge, even as Asian markets presented a mixed picture, notably a steep decline in South Korea. This divergence suggests investors are weighing domestic optimism against specific regional pressures and global macro uncertainties, setting the stage for a cautious but upward-biased open. As US markets prepare to open, S&P 500 futures stand at 7564.25 , climbing 0.60%, while NASDAQ futures advanced 0.20% to 28462.0 . The Dow futures showed considerable strength, up 1.30% to 53320.0 , with Russell 2000 futures also posting a solid 1.02% gain to 2968.0 . Across Asia, the Nikkei 225 dipped 0.94% to 63754.9, and the Shanghai Composite eased 0.59% to 3809.66. The KOSPI, however, saw a significant retreat, closing down 5.12% at 6257.45, a sta...