News Results

  1. U.S. trade deficit widens; goods exports at 10-month low
    Reuters | 10:12 AM EST

    The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices. The trade deficit increased 10.5% to $67.4 billion, the Commerce Department said on Tuesday.

  2. U.S. trade deficit widens; goods exports at 10-month low
    Reuters | 10:09 AM EST

    * Trade deficit increases 10.5% to $67.4 bln in December. * Imports rise 1.3%; exports fall 0.9% * Trade deficit jumps 12.2% to $948.1 billion in 2022. By Lucia Mutikani. The U.S. trade deficit widened in December, reversing half of the prior month's sharp contraction, as imports rebounded and exports of goods dropped to a 10-month low amid cooling global demand and declining crude oil prices.

  3. Hospital PMI? at 52.5%; January 2023 Hospital ISM? Report On Business?
    PR Newswire | 10:00 AM EST

    TEMPE, Ariz. The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 52.5 percent in January, a 4.5-percentage point decrease from the December reading of 57 percent, indicating a 32nd consecutive month of growth.

  4. Moldova's central bank cuts key rate to 17% from 20%
    Reuters | 09:43 AM EST

    Moldova's central bank has cut its key interest rate to 17% from 20% as consumer price inflation has continued to slow, Central Bank Governor Octavian Armasu said on Tuesday. Armasu said the central bank expected consumer price inflation to slow to 13.7% this year after peaking in 2022.

  5. US STOCKS SNAPSHOT-Dow, S&P 500 open lower ahead of Powell comments
    Reuters | 09:40 AM EST

    The Dow and the S&P 500 opened lower on Tuesday as investors await Federal Reserve Chair Jerome Powell's remarks for further clues on how long the U.S. central bank will keep interest rates higher.

  6. CANADA STOCKS-TSX dragged lower by utilities, industrials ahead of cbank comments
    Reuters | 09:37 AM EST

    Canada's main stock index fell on Tuesday, with utilities and industrial stocks leading declines, while investors awaited comments by central bank policy makers both at home and abroad to gauge where they stand on further monetary policy tightening. At 9:31 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 22.66 points, or 0.11%, at 20,606.26.

  7. CANADA FX DEBT-C$ sell-off stalls ahead of Macklem speech on monetary policy
    Reuters | 09:36 AM EST

    * Loonie trades in a range of 1.3403 to 1.3458. * Canada's trade deficit narrows in December. * Price of U.S. oil increases 1% * 10-year yield touches its highest since Jan. 11.

  8. TREASURIES-Ten-year yields at four week high before Powell
    Reuters | 09:36 AM EST

    Benchmark 10-year Treasury yields were at four-week highs as investors waited to see whether Federal Reserve Chairman Jerome Powell will strike a more hawkish tone when he speaks later on Tuesday, following unexpectedly strong jobs data last week.

  9. BlackRock-led investors in Aramco pipelines get ratings ahead of debt sales
    Reuters | 09:25 AM EST

    Ratings agencies have assigned grades to the planned debt sale by investors in Saudi Aramco's gas pipelines network, led by BlackRock Inc (BLK), looking to refinance a multi-billion dollar loan that backed their stake purchase. The refinancing will be done by issuing amortising bonds and sukuk, or Islamic bonds, ratings agencies said.

  10. Globe Union Gains Competitive Momentum by Moving to Rimini Street, Improving ERP Maintenance ROI and Optimizing Talent Resources
    Business Wire | 09:01 AM EST

    Company accelerates key innovation projects, reallocates labor and time, and saves hard costs by choosing Rimini Street's Smart Path Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that Globe Union, a market leader in kitchen and bath prod...

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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