Small font size A Larger text size A Largest text size A

US STOCKS SNAPSHOT-Wall Street opens little changed after in-line inflation data

BY Reuters | ECONOMIC | 11/13/24 09:34 AM EST

Nov 13 (Reuters) - Wall Street's main indexes were steady on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to cut interest rates in December.

The Dow Jones Industrial Average fell 30.5 points, or 0.07%, at the open to 43,880.46. The S&P 500 rose 1.8 points, or 0.03%, at the open to 5,985.75?, while the Nasdaq Composite rose 5.1 points, or 0.03%, to 19,286.456 at the opening bell. (Reporting by Lisa Mattackal in Bengaluru; Editing by Shounak Dasgupta)

More Fixed Income News

Cyprus says Moody's A3 upgrade vote of confidence in economy BY Reuters |CORPORATE 02:31 AM EST
Cambodia's flagship canal in hot water as China funding dries up BY Reuters |ECONOMIC 11/22/24 11:06 PM EST
AM Best Upgrades Credit Ratings of Investors Life Insurance Company of North America BY Business Wire |CORPORATE 11/22/24 06:22 PM EST
Form 424B2 ROYAL BANK OF CANADA BY EDGAR SEC Filings |ECONOMIC 11/22/24 05:17 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article