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US STOCKS SNAPSHOT-S&P 500, Nasdaq hit record highs at open on September rate cut hopes

BY Reuters | ECONOMIC | 08/13/25 09:34 AM EDT

Aug 13 (Reuters) - Wall Street's main indexes opened higher on Wednesday with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned by growing optimism that the Federal Reserve could restart its monetary policy easing cycle next month.

The Dow Jones Industrial Average rose 112.9 points, or 0.25%, at the open to 44571.53. The S&P 500 rose 16.9 points, or 0.26%, to 6462.67?, while the Nasdaq Composite rose 82.6 points, or 0.38%, to 21764.548. (Reporting by Sanchayaita Roy in Bengaluru; Editing by Maju Samuel)

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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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