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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 Close Drops 0.33% as WTI Oil & Yields Spike

Photo by HAYOUNG CHO on Unsplash 📅 August 31, 2026 · 08:10 PM EDT  |  Wall Street Daily Briefing Market Snapshot S&P 500 7,686.14 ▼ 0.33% NASDAQ 26,370.89 ▼ 0.12% Dow Jones 53,185.90 ▼ 0.70% VIX 14.92 ▲ 3.40% Data snapshot from the latest available trading session; percentage changes are session-over-session. Market Overview — August 31, 2026 US stocks closed lower on August 31, 2026, as rising bond yields and surging energy prices dampened investor sentiment at the end of the trading session. The S&P 500 dropped 0.33% to 7,686.14, while the Dow Jones slipped 0.70% to 53,185.90. Heavy capital rotation into crude oil and energy equities offset gains in mega-cap technology names like Tesla and Nvidia. At the Wall Street close on August 31, 2026, major benchmarks pulled back following pressure from higher benchmark borrowing costs. The S&P 500 declined -0.33% to finish at 7686.14 , while the NASDAQ Composite trimmed losses to drop ...
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