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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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Inflation's 3-Year High, $90 Oil, and the Semiconductor Supercycle: What to Watch Pre-Market

📅 May 28, 2026 · 09:10 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot Global markets show a cautious tone leading into the US open, with mixed futures and predominantly negative closes in Asia and Europe. This signals underlying investor apprehension, likely driven by persistent inflation concerns and escalating geopolitical tensions, which are beginning to offset the earlier enthusiasm for AI-driven growth. US equity futures signal a tentative open, with S&P 500 Futures marginally lower at 7538.25 (-0.02%), while NASDAQ Futures show slight resilience, up 0.04% to 30058.0 . Dow Futures lag significantly, down 0.17% to 50643.0 , and Russell 2000 Futures are also softer at 2923.7 (-0.03%). Overnight, Asian markets largely retreated; Japan's Nikkei 225 closed down 0.47% at 64693.12 , Hong Kong's Hang Seng fell 1.27% to 25006.16 , and Korea's KOSPI shed 0.53% to 8185.29 . European indices mirrored this caution, w...
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