News Results

  1. XJ International Gets Lesson On Perils Of Zero-Coupon Bonds
    Benzinga | 11:56 AM EST

    By Warren Yang. To ordinary folks, lending money to a company nearly interest-free in exchange for possible future gains in its stock price must sound like a risky gamble.

  2. Inflation Tamed: Analysts Believe Fed's Job Is Done ? Most Predict June Rate Cut
    Benzinga | 11:16 AM EST

    Annual inflation measures are easing and, on Thursday, the Federal Reserve?s favored measure ? the Personal Consumption Expenditures index ? was released, showing a drop to 2.4% in January, matching expectations and edging towards the Fed?s 2% target. Core PCE inflation, stripping out food and energy costs, eased to 2.8% as expected, but monthly measures rose by more than expected.

  3. Recap: National Bank of Canada Q1 Earnings
    Benzinga | 02/28/24 09:50 AM EST

    National Bank of Canada (NTIOF) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:30 AM. Here's what investors need to know about the announcement. National Bank of Canada (NTIOF) beat estimated earnings by 9.0%, reporting an EPS of $1.9 versus an estimate of $1.75. Revenue was up $75.00 million from the same period last year.

  4. US GDP Growth Downwardly Revised To 3.2% In Q4, Mortgage Demand Tumbles Further: Wednesday's Economic Digest
    Benzinga | 02/28/24 08:39 AM EST

    The U.S. economy?s growth experienced a slight downward adjustment for the fourth quarter of 2023, still showcasing a healthy growth rate but at a marginally slower pace than initially estimated, according to the second estimate released Wednesday.

  5. Recap: Royal Bank of Canada Q1 Earnings
    Benzinga | 02/28/24 06:05 AM EST

    Royal Bank of Canada (RY) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:00 AM. Here's what investors need to know about the announcement. Royal Bank of Canada (RY) beat estimated earnings by 2.0%, reporting an EPS of $2.094 versus an estimate of $2.06. Revenue was down $1.29 billion from the same period last year.

  6. Royal Bank of Canada: Q1 Earnings Insights
    Benzinga | 02/28/24 06:05 AM EST

    Royal Bank of Canada (RY) reported its Q1 earnings results on Wednesday, February 28, 2024 at 06:00 AM. Here's what investors need to know about the announcement. Royal Bank of Canada (RY) beat estimated earnings by 2.0%, reporting an EPS of $2.094 versus an estimate of $2.06. Revenue was down $1.29 billion from the same period last year.

  7. EUR/USD Shows Resilience Amid Risk Appetite
    Benzinga | 02/27/24 08:13 AM EST

    By RoboForex Analytical Department. The EUR/USD pair is trading close to 1.0821, demonstrating a strong stance in the current market environment. A critical focal point for the market will be the upcoming US inflation data, particularly the core Personal Consumption Expenditures price index, a preferred measure of inflation by the Federal Reserve.

  8. 7% Growth For US? Cathie Wood's Ark Invest Sees Future Far Rosier Than Consensus View Thanks To AI, Blockchain And Other Transformational Tech
    Benzinga | 02/27/24 07:04 AM EST

    U.S. economic growth has shown resilience despite the?Federal Reserve?s successive rate hikes, leaving the fed funds rate at a 22-year high. What Happened: In Ark Invest?s weekly Innovation newsletter, Chief Futurist Brett Winton predicted real GDP growth could reach 7% annually on average in the current business cycle, surpassing the rate seen in any year since 1950.

  9. Investor Optimism Falls Further Ahead Of Major Economic Reports
    Benzinga | 02/27/24 02:26 AM EST

    The CNN Money Fear and Greed index showed further decline in the overall market sentiment, but the index remained in the "Extreme Greed" zone on Monday. U.S. stocks closed lower on Monday, ahead of some major economic reports due this week. All three major indices recorded gains last week, with the S&P 500 gaining around 1.7% and the Dow adding 1.3% for the week.

  10. Ticking Time Bomb: Over 85% Of Americans Fear National Debt Crisis Impact On Their Future
    Benzinga | 02/26/24 05:33 PM EST

    Over 85% of Americans are deeply concerned about the grave impact the burgeoning national debt may have on their future, according to a new study. What Happened: A survey from John Zogby Strategies for the non-profit organization Main Street Economics gauged the awareness and apprehensions of some 1,000 voters.

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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