U.S. stocks traded mostly flat on Monday as investors reacted to President Donald Trump?s announcement of a 30% tariff on all imports from the EU and Mexico, effective August 1. Inflation worries ahead of Tuesday's CPI data also weighed on sentiment.
Exxon Mobil Corp (XOM) shares fell Monday afternoon as broader market sentiment wavers following President Donald Trump?s announcement of a 30% tariff on all imports from the European Union and Mexico, effective Aug. 1. This news, coupled with inflation concerns ahead of Tuesday?s CPI release, is impacting investor confidence across sectors, with energy stocks particularly lagging.
After relatively benign inflation reports throughout 2025, the June Consumer Price Index could deliver what Wall Street least expects: the return of hotter price pressures, largely fueled by tariffs. Here's what to expect on Tuesday at 8:30 a.m. ET, when the Bureau of Labor Statistics releases the much-anticipated June inflation report.
President?Donald Trump?s decision to impose a 50% tariff on Brazil has raised concerns among economists, who fear the move sets a troubling precedent. What Happened:?Economists are raising alarms over Trump?s plan to implement a 50% tariff on Brazil starting August 1 ? the highest country-specific tariff among the 22 announced this week,?reported?MarketWatch.
The average long-term U.S. mortgage rate has risen, marking the end of a five-week downward trend. What Happened: The average rate for a 30-year U.S. mortgage increased to 6.72% from 6.67% last week, as reported by ABC News via mortgage buyer Freddie Mac. This increase follows five consecutive weeks of falling borrowing costs for homebuyers.
The renowned Warren Buffett Indicator, a crucial valuation metric comparing total stock market capitalization to the Gross Domestic Product, has reached 208.42%. What Happened: This figure, according to LongtermTrends, calculated using the S&P 500 and the broader Wilshire 5000 index's capitalization, significantly surpasses levels seen before major market corrections ? it was around 140% before...
In the preceding three months, 6 analysts have released ratings for MarketAxess Holdings (MKTX), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
As the minutes of the Federal Reserve?s June meeting were released on Wednesday, the word ?uncertainty? reigned supreme amid the ongoing tariff turmoil and President Donald Trump?s call to cut rates by 3 percentage points.
Cryptocurrency bettors now estimate a 50% possibility that the Federal Reserve will cut interest rates for the first time in 2025 during its September meeting. What happened: As of this writing, the odds of a 25 basis point cut were at 50% on the decentralized prediction platform Polymarket.
Central banks remain a key support in the gold market, while silver continues to attract investor inflows and platinum enters a potential consolidation phase, according to the latest update from precious metals specialist Heraeus. In May 2025, central banks added a net 20 tons of gold to their reserves, led by Kazakhstan, T?rkiye, and Poland.
Horizon, a company offering tailored investment and technology solutions to financial advisors, is introducing two new actively managed ETFs:?Horizon Core Bond ETF? and?Horizon Flexible Income ETF?. This expansion continues the company?s growth in its fast-growing ETF family.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index was in the ?Extreme Greed? zone on Thursday. U.S. stocks settled higher on Thursday, with the S&P 500 hitting record highs following the release of jobs data.
The past week has been a rollercoaster ride for the U.S. economy. Here?s a recap of the top stories. Labor Market Sends Warning Signal The U.S. labor market is showing a concerning sign as private sector payrolls fell in June for the first time in over two years. Read the full article here.
A stronger-than-expected labor report just crushed any hopes that the Federal Reserve would lower rates this month?despite speculation from Wall Street and direct demands from President Donald Trump. In June, the U.S. economy added 147,000 jobs, topping forecasts, while the unemployment rate ticked down to 4.1%, according to the latest Bureau of Labor Statistics data released Friday.
With rate cut hopes hogging the limelight, dividend-based ETFs might finally be experiencing their comeback time. Investors are growing fond of high-yielding equity plays such as the Vanguard High Dividend Yield ETF and Schwab U.S. Dividend Equity ETF (SCHD) , as new labor market reports spark bets on a pivot by the Federal Reserve. The catalyst?
The official U.S. jobs report for June delivered a surprisingly sharp turnaround from the gloom triggered by ADP private payroll data just 24 hours earlier. Nonfarm payrolls increased by 147,000 in June, the strongest reading so far in 2025, up from an upwardly revised 144,000 in May and well above economists? expectations of 110,000.
The U.S. labor market is flashing a rare warning sign after private sector payrolls fell in June for the first time in over two years, raising concerns about the economy?s health and increasing bets on Federal Reserve interest rate cuts. Private employers cut 33,000 jobs last month, according to the ADP National Employment Report released Thursday.
Jerome Powell, the Chair of the Federal Reserve, indicated that the central bank would have implemented a more lenient monetary policy if not for President?Donald Trump?s tariff strategy. What Happened: Powell made the revelation during a panel discussion on Tuesday.
JPMorgan Asset Management is doubling down on active fixed income with the introduction of its newest product, the JPMorgan Mortgage-Backed Securities ETF (JMTG). The launch follows on the heels of its record-breaking Active High Yield ETF, which debuted with a record $2 billion in initial assets, the biggest active ETF launch to date.
Shigeru Ishiba, the Prime Minister of Japan, is contemplating a proposal from President?Donald Trump?to purchase American oil to address the trade imbalance between the two nations. What Happened: Ishiba acknowledged the suggestion but emphasized the need for a more detailed assessment. The Japanese PM stated, ?It is a possibility that requires further, more detailed consideration.
Strategists from?JPMorgan (JPM) have voiced concerns that the much-awaited Federal Reserve interest-rate cuts might not be as beneficial for stocks as investors hope. What Happened: ?JPMorgan (JPM) strategists, led by Mislav Matejka,?observed a growing anticipation of interest rate cuts from the Fed. The strategists outlined three possible scenarios for the rate cuts.
The first five months of Donald Trump?s presidency have coincided with one of the steepest collapses in the U.S. dollar in over three decades, as economic contraction, surging deficits and political friction with the Federal Reserve hammered investor confidence in the greenback.
Tom Lee, the head of research at Fundstrat Global Advisors, highlighted a crucial factor that could explain why the?European Central Bank? has been able to cut interest rates while the?U.S. Federal Reserve? has not.
The U.S. Federal Reserve is bracing for potential Iranian cyberattacks following recent military actions, with Chair?Jerome Powell?confirming the central bank?s vigilance. What Happened:?The Fed is on high alert for potential retaliatory cyberattacks from Iran, Powell revealed during a congressional hearing on Tuesday.
Kansas City Federal Reserve President Jeff Schmid said on Tuesday that the central bank has sufficient time to analyze rising import tariff impacts on inflation and economic growth before implementing further interest rate cuts.What Happened: ?The current posture of monetary policy, which has been characterized as ?wait-and-see,? is appropriate,? Schmid stated in prepare...
Federal Reserve Chair Jerome Powell told Congress Tuesday that while inflation has cooled from its 2022 peak, it remains ?somewhat elevated,? and the central bank is not ready to adjust interest rates, yet. However, he said the Fed is "well positioned to wait" for more clarity before making moves, and a "significant majority" of committee members expect to cut rates later this year.
The U.S. housing market logged its slowest May for existing-home sales since 2009, confirming that elevated mortgage rates and record prices continue to chill demand even as listings rise. What Happened: Sales slipped 0.7% from a year earlier to an annual rate of 4.03 million, the National Association of Realtors said, leaving activity about 25% below pre-pandemic norms.
Federal Reserve Governor?Michelle Bowman?has expressed her support for a potential interest rate cut in July, provided that inflation remains subdued. What Happened:??Bowman, during a speech in Prague, suggested that?an interest rate cut at?the upcoming July meeting would be appropriate if inflationary pressures remain low,?reported?CNBC on Monday.
The Federal Reserve held interest rates steady at 4.25%-4.50% during Wednesday?s June meeting, with Chair Jerome Powell signaling no urgency to cut rates as officials monitor potential tariff-driven inflation impacts.
In an era of inflation shocks, shifting alliances, and economic volatility, one thing hasn't changed: central banks are doubling down on gold. While investors may debate crypto, equities, or cash, the institutions managing national reserves are quietly ? and consistently ? boosting their gold holdings.
A surge in demand for weight-loss and diabetes medications, paired with fears of incoming tariffs, has propelled Ireland to the center of a pharmaceutical trade boom with the U.S., dramatically widening the bilateral trade imbalance.
Investor caution dominated Wall Street this week, as escalating tensions between Israel and Iran fueled fears of potential U.S. involvement. The Federal Reserve kept interest rates steady at 4.25%-4.5% for the fourth consecutive meeting, reaffirming its cautious stance. Overall economic uncertainty has ?diminished? since March, but the Fed warns that risks remain elevated.
The European Central Bank released its latest Economic Bulletin on Friday. U.S.-based multinational companies play a significant role in the euro area economy. The Bulletin noted that ongoing trade tensions ? such as tariff increases or policy uncertainty ? could impact their business. These tensions might raise costs, disrupt internal company trade, or force changes in how companies handle taxes.
The CNN Money Fear and Greed index was in the ?Neutral? zone on Wednesday. U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling around 0.1% during the session as traders weighed geopolitical uncertainty and awaited the Federal Reserve?s June policy decision. The US Federal Reserve left interest rates unchanged at its recent meeting.
The Swiss National Bank cut its benchmark interest rate by 25 basis points to 0% on Thursday, marking the lowest level since 2022 and amplifying the gap between U.S. and Swiss rates to record highs. The move pushes the gap between the U.S. federal funds rate upper bound and Switzerland's rate to 4.5 percentage points?the largest differential on record.
Economist Peter Schiff issued warnings about America?s economic trajectory during Wednesday?s Federal Reserve meeting, predicting the central bank?s decade-long policies will trigger an unavoidable crisis worse than 2008.
More than 200 Central banks and foreign entities have withdrawn a substantial amount of U.S. Treasuries from the New York Federal Reserve, signaling potential concerns over the stability of the U.S. dollar. What Happened: The New York Fed?s custody holdings of U.S. Treasuries and other assets have seen a significant decline.
The Federal Reserve left its benchmark rate unchanged at 4.25%-4.50% for a sixth straight meeting and Chair Jerome Powell signaled no near-term cuts despite mounting White House pressure. While traders still price in two quarter-point reductions later this year, the Fed's pause keeps borrowing costs and deposit payouts locked near current levels across the economy.
Federal Reserve Chair Jerome Powell defended the decision to keep interest rates unchanged on Wednesday, saying inflation has eased but not enough to warrant cuts, especially with trade and geopolitical risks clouding the outlook.
Fannie Mae and Freddie Mac might finally be headed for an exit from government conservatorship, almost 17 years after being taken over by the federal government in the 2008 financial crisis.
JPMorgan Chase & Co (JPM) shares are trading higher Wednesday afternoon. What To Know: According to Bloomberg, the Federal Reserve, FDIC and OCC are set to lower the enhanced supplementary leverage ratio, a key capital buffer. This easing of regulations, which Bloomberg reports will be discussed at a Federal Reserve meeting on June 25, is seen as a major victory for Wall Street.
Homebuilder ETFs posted modest gains Wednesday after a slight uptick in housing starts, but the rally may prove short-lived. During Wednesday afternoon trading, both the iShares U.S. Home Construction ETF (ITB) and the SPDR S&P Homebuilders ETF gained over 1%. Markets are possibly applauding May?s 0.4% increase in single-family housing starts.
The Federal Reserve held interest rates steady at 4.25%-4.50% for a fourth straight meeting on Wednesday, aligning with market expectations, while signaling slower growth and hotter inflation ahead compared to its March forecast.
Wells Fargo & Co (WFC) shares are trading higher Wednesday morning following reports that top U.S. regulators are planning to ease capital requirements for the nation?s largest banks. What To Know: Bloomberg reported that the Federal Reserve, FDIC, and OCC are considering a proposal to lower the enhanced supplementary leverage ratio.
Ursula von der Leyen, the President of the European Commission, has criticized China for its export restrictions on vital raw materials used in the production of cars, batteries, and wind turbines. What Happened:?Von der Leyen, during?a session on the global?economy at the G7 summit?in Kananaskis, Canada, on Monday, condemned China for using subsidies to bolster its companies,?Politico?reported.
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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