* Banks kick off Q4 results, JPMorgan (JPM) on Tuesday. * CPI data for December could be key for Fed view. * Stocks off to solid 2026 start despite geopolitical tensions. By Lewis Krauskopf. U.S. stocks have kicked off 2026 on a strong note, but could face turbulence in the coming days with the start of corporate earnings season, fresh inflation data and rising geopolitical uncertainty.
India's central bank has raised objections to Bain Capital's plan to acquire a controlling stake in Manappuram Finance as the U.S. firm has a controlling interest in another Indian lender, three people with direct knowledge of the matter said.
* CONSUMER BANKERS ASSOCIATION: BANKS RESPOND TO PROPOSED CAP ON CREDIT ?CARD INTEREST RATES ?IN THE US. * ?CONSUMER BANKERS ?ASSOCIATION: SHARE ?THE PRESIDENT'S GOAL OF HELPING AMERICANS ?ACCESS ?MORE AFFORDABLE CREDIT. * CONSUMER BANKERS ?ASSOCIATION: HOWEVER, ?EVIDENCE ?SHOWS THAT A 10% INTEREST RATE CAP WOULD ?REDUCE CREDIT AVAILABILITY.
U.S. hedge fund manager Bill Ackman said on ?Friday that U.S. ?President Donald Trump's ?call for ?a one-year ?cap on credit ?card interest ?rates at 10% starting ?on January 20 "is ?a ?mistake".
* * Lawmakers from both parties have raised concerns about rates. * Trump's call on social media did not provide details. * Democratic lawmaker says Trump's call is meaningless without a bill. By Kanishka Singh and Jasper Ward.
KBRA releases the December 2025 issue of CMBS Trend Watch. U.S. CMBS finished the year at $125.8 billion?its highest issuance level since the global financial crisis?with a year-over-year increase of 18.6%, and in line with our 2025 forecast of $120 billion.
U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling off the Federal Reserve's balance sheet.
* Treasury's Bessent: MBS buybacks aim to match Fed's $15 bln monthly roll-off. * Trump orders $200 bln bond purchases to address housing affordability. * Bessent: Buybacks may boost Fannie Mae, Freddie Mac earnings. By David Lawder.
* S&P 500 reaches record high close. * December nonfarm payrolls rise less than forecast. * Dollar initially pares gains after data. * European stocks end at record high. By Caroline Valetkevitch.
* Canadian dollar falls 0.3% against the greenback. * Touches its weakest since December 5 at 1.3914. * Canadian unemployment rate rises to 6.8% * Bond yields ease across the curve. By Fergal Smith.
The S&P 500 and the Dow Jones Industrial Average reached new all-time highs on Friday following a key US jobs report that showed the unemployment rate easing in December. The S&P 500 climbed 0.7% to 6,966.3, setting new closing highs for a second time this week. Barring health care and financials, all sectors ended in the green, led by materials.
US equity indexes rose on Friday after a jobs report revealed a narrow breadth in the slower-than-expected gains in December payrolls, supporting the argument for a further easing of monetary policy.
Two Federal Reserve officials on Friday expressed some skepticism that a Trump administration plan to lower housing costs by buying billions in mortgage-backed bonds will do much to lift the troubled sector.
US equity indexes closed higher Friday after data showed that the unemployment rate eased in December, while another report showed consumer sentiment improved in January. * The US economy added fewer jobs than projected in December, while the unemployment rate fell, the Bureau of Labor Statistics said.
"With decent job growth in December and a downtick in the federal funds rate, the Federal Reserve will likely hold the federal funds rate steady at [its] next decision in late January," said Comerica Bank Chief Economist Bill Adams.
Financial stocks were edging down late Friday afternoon, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF easing 0.2%. The Philadelphia Housing Index was climbing 5.5%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was decreasing 0.6% to $90,182, and the yield for 10-year US Treasuries shed less than one basis ...
The Canadian dollar entered a corrective phase early in the New Year after December jobs data showed a sizable reversal of the November unemployment rate decline, with it moving back up 0.3 percentage points to 6.8%, while the labor market produced a small job gain of 8,000, RBC Capital Markets said.
Financial stocks were edging down late Friday afternoon, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF easing 0.2%. The Philadelphia Housing Index was climbing 5.5%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was decreasing 0.6% to $90,182, and the yield for 10-year US Treasuries shed less than one basis ...
* Stocks gain after jobs data. * December nonfarm payrolls rise less than forecast. * Dollar initially pares gains after data. * European stocks end at record high. By Caroline Valetkevitch.
* Jobs growth slows, unemployment rate falls to 4.4% * Fed unlikely to cut rates this month, futures show 4.8% chance. * Supreme Court doesn't rule on Trump's tariff policies on Friday. By Karen Brettell.
Federal Housing Finance Agency Director Bill Pulte said ?on Friday a $3 ?billion mortgage bond buy ?had been put ?in ?already the day ?after President ?Donald Trump ordered his representatives to ?buy $200 ?billion ?in mortgage bonds to bring down housing costs.
The December employment report was mixed, with payrolls growth slower than expected, the unemployment rate down, and hourly earnings growth faster. Nonfarm payrolls rose by 50,000 in December after a 56,000 gain in November and a 173,000 decline in October, both revised lower from their previous estimates.
US equity indexes rose as old-economy sectors jumped after a jobs report showed a drop in the jobless rate alongside stronger-than-expected gains in a consumer sentiment index. The Nasdaq Composite climbed 0.8% to 23,677.5, the S&P 500 advanced 0.7% to 6,970.2, and the Dow Jones Industrial Average grew 0.5% to 49,514.1. The S&P 500 hit another all-time high intraday on Friday.
US benchmark equity indexes were higher intraday as traders parsed latest economic data, including a report showing that the unemployment rate fell in December.
The chief economist for Peru's central bank, Adrian Armas, on Friday said the country's ?gross domestic product likely grew 2% year-on-year in ?November, as he praised strong economic performance. Peru's central ?bank late in December said ?it expected ?3% growth in 2026, and the same rate in ?2027.
TEGUCIGALPA, Honduras, Jan. 9, 2026 Japan Credit Rating Agency upgraded the Central American Bank for Economic Integration's credit rating from "AA" to "AA+", with a stable outlook.
Federal Reserve Bank of Atlanta President Raphael Bostic said on Friday in a radio interview inflation issues are still at the forefront of his economic concerns, in comments that added the job market continues to be in a low-hire, no-fire mode amid broader uncertainties.
Attorneys and lawmakers are working through questions from clients and water authorities about finalized drinking water rules by the EPA regarding "forever chemicals."
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index fractionally higher and the State Street Financial Select Sector SPDR ETF shedding 0.2%. The Philadelphia Housing Index was climbing 4.9%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was decreasing 0.3% to $90,918, and the yield for 10-year US Treasuries was less than one basi...
U.S. household wealth hit a record high of more than $180 trillion in the third quarter of 2025 on the back of an AI-boom in the stock market and continued gains ?in home prices, data from the Federal Reserve showed on Friday.
U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors, but a decline in the unemployment rate to 4.4% suggested the labor market was not rapidly deteriorating.
U.S. household wealth hit a record high of more than $180 trillion in the third quarter of 2025 on the back of an AI-boom in the stock market and continued ?gains in home prices, data from the Federal Reserve showed on Friday.
The Federal Reserve Board on Friday announced the chairs and ?vice chairs of its ?12 regional banks for ?this year, a ?list ?that includes Emerson Electric Co's ?chief executive ?Lal Karsanbhai as chair of the ?St. Louis ?Fed, ?and Liberty Mutual Insurance CEO Tim Sweeney as ?deputy chair of the Boston Fed.
* Indexes up: Dow 0.54%, S&P 500 0.63%, Nasdaq 0.73% * Nonfarm payrolls rise less-than-expected in December. * Vistra (VST) surges after nuclear power deal with Meta. * Intel (INTC) up after Trump says he had meeting with CEO. By Purvi Agarwal and Nikhil Sharma.
The chief economist ?for Peru's central ?bank on ?Friday ?said ?the country's economy ?likely ?grew 2% year-on-year in ?November. Peru's ?central ?bank late in December ?said it expected 3% growth in 2026, ?and ?the same ?rate in 2027.
* Canadian dollar falls 0.2% against the greenback. * Touches its weakest since December 5 at 1.3906. * Canadian unemployment rate rises to 6.8% * Bond yields ease across the curve. By Fergal Smith.
* Stocks gain after jobs data. * December nonfarm payrolls rise less than forecast. * Dollar initially pares gains after data. By Caroline Valetkevitch and Amanda Cooper. Stock indexes gained and the dollar was higher on Friday after data showed the U.S. economy created fewer jobs than expected in December, supporting the view the Federal Reserve would leave interest rates unchanged this month.
From January 6 to 9, 2026, the world's top consumer electronics event, CES, was held in Las Vegas, focusing on cutting-edge AI technology. iSoftStone's international business brand, "iSoftStone Digital," made its debut, featuring the theme "Integrated Software-hardware Integration, Full-stack Intelligence" to demonstrate China's AI technology prowess.
US consumer sentiment improved in January to its highest point since September, but remained subdued compared to year-ago levels amid inflation and labor market concerns, preliminary results from a University of Michigan survey showed Friday. The main sentiment index rose to 54 this month from 52.9 in December. Consumer sentiment, however, plunged nearly 25% from January 2025.
* New York Fed report finds rise in near-term expected inflation. * US consumers more concerned about job market, report says. * It finds less worry about current, future personal finances. By Michael S. Derby.
Americans grew more worried about the job market in December even as anxieties over personal finances faded, while near-term inflation expectations increased, a report from the New York Federal Reserve showed on Thursday. Respondents in the regional Fed bank's latest Survey of Consumer Expectations said the prospect of finding a job if unemployed was the worst since the ?report began in 2013.
Canada's main stock index rose to a fresh peak on Friday, buoyed by gains in gold miners and energy stocks, while mixed labor market data did little to alter bets on ?the Bank of Canada's monetary policy path. The S&P/TSX Composite index was up 0.71% ?at 32,611.76 points as of 11:06 a.m. ET, poised for its ?biggest weekly gain in six weeks.
* US manufacturing jobs continue to decline. * Unemployment rate falls slightly, but job creation estimates revised lower. * Black unemployment rate rises, manufacturing sector loses 70,000 jobs since April. By Howard Schneider.
US housing starts declined in October as a double-digit drop in multi-family units muted gains in the single-family component, delayed government data showed Friday. Housing starts fell 4.6% sequentially to a seasonally adjusted annual rate of 1.25 million units in October, according to the Census Bureau and the Department of Housing and Urban Development.
U.S. President Donald Trump's order for Freddie Mac and Fannie Mae to buy $200 billion in mortgage bonds raises doubts about their privatization plans, analysts say. Fannie and Freddie, created by the U.S. Congress ?to support the housing market, have been under government control since their bailout during the ?global financial crisis of 2008.
U.S. President Donald Trump's order for Freddie Mac and Fannie Mae to buy $200 billion in mortgage bonds raises doubts about their privatization plans, analysts say. Fannie and Freddie, created by the U.S. Congress ?to support the housing market, have been under government control since their bailout during the ?global financial crisis of 2008.
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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