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

US STOCKS SNAPSHOT-Wall St opens slightly lower ahead of data, Fed commentary

BY Reuters | ECONOMIC | 12/03/24 09:32 AM EST

Dec 3 (Reuters) - Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week along with more data and commentary from Federal Reserve officials.

The Dow Jones Industrial Average fell 12.4 points, or 0.03%, at the open to 44769.58. The S&P 500 fell 4.2 points, or 0.07%, at the open to 6042.97?, while the Nasdaq Composite dropped 39.6 points, or 0.20%, to 19364.343 at the opening bell. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Maju Samuel)

More Fixed Income News

ECB's Rehn says grounds for rate cut in Dec have increased, daily HS reports BY Reuters |ECONOMIC 03:35 AM EST
Norway should begin process of divesting Russian assets, central bank says BY Reuters |ECONOMIC 02:58 AM EST
China can accept GDP growth of less than 5%, says People's Daily BY Reuters |ECONOMIC 02:12 AM EST
China can accept GDP growth of less than 5%, says People's Daily BY Reuters |ECONOMIC 02:09 AM 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