Posts

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...
Read more

NASDAQ Futures Climb 1.03% as AI Infrastructure Bets Intensify

Photo by Nihar Bhagat on Unsplash 📅 August 07, 2026 · 09:17 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US futures indicate a cautiously optimistic open, primarily driven by tech, with NASDAQ futures up over 1%. European markets closed higher, while Asian performance was mixed. This setup suggests selective capital allocation into growth sectors, even as broader geopolitical and real economy concerns persist globally. Ahead of tonight's US market open, futures sketch a picture of measured optimism, particularly within tech. S&P 500 futures trade up 0.43% at 7768.0, while NASDAQ futures lead, climbing 1.03% to 29792.5. Dow futures registered a modest gain of 0.19% , reaching 54116.0, and Russell 2000 futures advanced 0.71% to 3030.4. This follows a mixed session in Asia: Nikkei 225 dipped 0.12% to 65606.71, KOSPI fell 0.60% to 6258.77, while Hang Seng gained 0.54% and Shanghai Composite rose 1.02% . European indic...
Post a Comment
Read more