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US STOCKS SNAPSHOT-Futures pare losses after soft private payrolls data

BY Reuters | ECONOMIC | 01/08/25 08:21 AM EST

Jan 8 (Reuters) - U.S. stock index futures pared losses on Wednesday after a softer-than-expected private payrolls report for December eased some worries that the Federal Reserve will be cautious in cutting interest rates this year.

The ADP National Employment report showed the U.S. economy added 122,000 jobs in the private sector last month, compared with economists' estimate of a rise of 140,000.

At 8:17 a.m. ET, Dow e-minis were down 0.1%, S&P 500 e-minis slipped 0.1% and Nasdaq 100 e-minis dropped 0.2%. (Reporting by Johann M Cherian in Bengaluru; Editing by Shounak Dasgupta)

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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.

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