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

US STOCKS SNAPSHOT-Wall St opens lower ahead of Powell speech, manufacturing data

BY Reuters | ECONOMIC | 12/01/25 09:33 AM EST

Dec 1 (Reuters) - Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell to gauge the central bank's policy decision later this month.

The Dow Jones Industrial Average fell 135.6 points, or 0.28%, at the open to 47,580.85. The S&P 500 fell 36.8 points, or 0.54%, at the open to 6,812.3?, while the Nasdaq Composite dropped 193.3 points, or 0.83%, to 23,172.342 at the opening bell.

(Reporting by Johann M Cherian in Bengaluru; Editing by Tasim Zahid)

More Fixed Income News

Jumped the gun, says Morgan Stanley; reverses Dec Fed rate call to 25bps cut BY Reuters |ECONOMIC 06:19 AM EST
WTI Crude Prices Find Support from Potential Interest Rate Cut, U.S.-Venezuela Geopolitical Tensions BY MT Newswires |ECONOMIC 05:57 AM EST
Central Bank Outlooks Move Asian Stock Markets BY MT Newswires |ECONOMIC 05:42 AM EST
EMERGING MARKETS-EM assets head for weekly gains as Fed cut hopes build; PCE in focus BY Reuters |ECONOMIC 05:16 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