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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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S&P 500 Dips 0.25% as Tech Sector Weakens

Photo by Arnaud Padallé on Unsplash 📅 August 28, 2026 · 08:10 PM EDT  |  Wall Street Daily Briefing Market Snapshot S&P 500 7,711.76 ▼ 0.25% NASDAQ 26,402.42 ▼ 0.52% Dow Jones 53,559.99 ▼ 0.02% VIX 14.43 ▼ 0.55% Data snapshot from the latest available trading session; percentage changes are session-over-session. Market Overview — August 28, 2026 US stocks closed lower on August 28, 2026, with the S&P 500 experiencing a modest decline, pulling back from recent highs. At the Wall Street close, the S&P 500 finished at 7711.76 , down 0.25% , while the tech-heavy NASDAQ saw a more pronounced dip of 0.52% to 26402.42 . The Dow Jones Industrial Average managed to hold relatively steady, losing only 0.02% to 53559.99 . This broad market softness, particularly in growth-oriented sectors, lines up with an uptick in the 10-year Treasury yield, which rose 1.03% to 4.72% . The Russell 2000, representing smaller companies, was the weakest p...
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