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US STOCKS SNAPSHOT-Wall St opens higher as rate-cut hopes drive momentum

BY Reuters | ECONOMIC | 10/03/25 09:32 AM EDT

Oct 3 (Reuters) - Wall Street's main indexes opened higher on Friday as optimism about an imminent interest-rate cut by the Federal Reserve boosted sentiment in the final trading session of a week that saw volatility due to the U.S. government shutdown.

The Dow Jones Industrial Average rose 64.2 points, or 0.14%, at the open to 46,583.95. The S&P 500 rose 6.8 points, or 0.10%, at the open to 6,722.14?, while the Nasdaq Composite rose 42.1 points, or 0.18%, to 22,886.157. (Reporting by Niket Nishant and Sukriti Gupta in Bengaluru; Editing by Pooja Desai)

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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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