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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...

Wholesale Inflation's Grip, Big Tech's Ceiling: Can Futures Sustain Tonight's Rally?

📅 June 11, 2026 · 09:11 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US futures indicate a positive start for Wall Street tonight, buoyed by strong tech sentiment despite mixed Asian sessions. European markets also closed higher, suggesting a cautiously optimistic global backdrop. Investors are eyeing potential sector rotation as wholesale inflation data signals persistent economic pressures. As US markets prepare to open, futures are signaling a robust start. The S&P 500 Futures stand at 7312.5 , up 0.47%, while NASDAQ Futures lead the charge at 28786.5 , gaining 0.81%. Dow Futures are also positive, rising 0.52% to 50249.0 , and the small-cap Russell 2000 Futures show strength at 2863.3 , up 0.86%. Overnight, Asian markets presented a mixed picture; Japan's Nikkei 225 edged up 0.06% to 64217.27 , but Hong Kong's Hang Seng fell 0.65% to 24249.29 . Meanwhile, European bourses closed firmly in the green, with the FTSE 10...