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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...

Hang Seng Dips 0.70%: Mixed Signals Across Asia as Investors Digest Policy Cues

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📅 April 03, 2026 · 03:31 AM EDT  |  Wall Street Daily Briefing Hong Kong Market Overview The Hong Kong stock market experienced a subdued trading session today, with the Hang Seng Index (HSI) closing down 0.70% at 25116.53. Investors appeared cautious, weighing various domestic and international economic signals. The broader market sentiment was somewhat negative, reflecting a hesitancy to commit to significant new positions. The Hang Seng Tech Index , a key barometer for the technology sector, remained flat, indicating a mixed performance within this influential group. Sector-wise, HK Financials saw a notable decline of 1.64%, while China Consumer stocks also faced selling pressure, down 1.73%. Conversely, the iShares HK Tech ETF showed no change, suggesting some resilience or a lack of clear direction within specific tech sub-sectors.