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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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NASDAQ Futures Down 1.01% — AI Selloff May Yet Save the Bull Market

Photo by Cara Willenbrock on Unsplash 📅 July 22, 2026 · 09:10 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US equity futures are largely lower, with the tech-heavy NASDAQ leading declines, suggesting a cautious open for Wall Street. Asian markets closed mixed to down, while European indices showed resilience. This collective movement points to a market grappling with recent AI sector volatility, seeking clarity amidst broader macro uncertainties ahead of the US session. As July 22, 2026, unfolds, S&P 500 futures are down 0.41% at 7514.5, with NASDAQ futures seeing a steeper decline of 1.01% to 29021.0. Dow futures track slightly lower by 0.20% to 52338.0, and the Russell 2000 futures are off 0.46% at 2983.3. Overnight, Asian markets presented a mixed picture: Japan's Nikkei 225 closed down 0.18% at 66115.6, and Hong Kong's Hang Seng fell 0.95% to 24892.66. Conversely, South Korea's KOSPI gained 0.74% to 6797.7,...
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