News Results

  1. BRIEF-Bny Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE Dmb) Announces Distribution
    Reuters | 05:49 PM EST

    Bank of New York Mellon Corp (BK): * BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND, INC. ANNOUNCES DISTRIBUTION Source text: Further company coverage:

  2. US STOCKS-S&P 500 ends flat, Nasdaq gains as investors await more data
    Reuters | 04:02 PM EST

    * Tesla slips after its China-made EV sales drop in Nov. * South Korean firms fall. By Caroline Valetkevitch. The S&P 500 and Nasdaq ended higher on Tuesday, with tech-related shares extending recent gains as investors awaited further jobs data. Marketwatchers also digested reassuring comments from Federal Reserve policymakers.

  3. TREASURIES-Longer-dated Treasury yields rise on jobs openings
    Reuters | 03:15 PM EST

    * Markets expected to move on Powell's comments on Wednesday, new labor market data. * JOLTs report showed moderate increase in job openings. * ADP National Employment data due on Wednesday and nonfarm payrolls on Friday. * Turmoil in South Korea increased demand for low-risk assets, including treasuries. * By Tatiana Bautzer.

  4. US STOCKS-Nasdaq, S&P 500 inch higher as investors digest Fed officials' comments
    Reuters | 03:12 PM EST

    * Tesla slips after its China-made EV sales drop in Nov. * South Korean firms fall after president declares martial law. * Indexes: Dow down 0.1%, S&P 500 up 0.04%, Nasdaq up 0.2% By Caroline Valetkevitch. NEW YORK, Dec 3 - The Nasdaq and S&P 500 edged higher on Tuesday as tech-related shares extended recent gains and investors digested reassuring comments from Federal Reserve policymakers.

  5. BRIEF-Fitch Says Sector Outlook For U.S. Banks Revised To Neutral In 2025 From Deteriorating In 2024
    Reuters | 01:50 PM EST

    Fitch: * FITCH: SECTOR OUTLOOK FOR U.S. BANKS REVISED TO NEUTRAL IN 2025 FROM DETERIORATING IN 2024. * FITCH: U.S. BANKS WILL BENEFIT FROM A MORE SUPPORTIVE OPERATING ENVIRONMENT IN 2025 Source text:

  6. US labor market steadily cooling amid higher job openings, low layoffs
    Reuters | 01:27 PM EST

    U.S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to slow in an orderly fashion. But the Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday also showed employers hesitant to hire more workers.

  7. Fed policymakers steer clear of December rate-cut guidance
    Reuters | 12:37 PM EST

    - U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.

  8. US STOCKS-Wall St mixed with focus on more data, Fed commentary
    Reuters | 12:04 PM EST

    * Tesla slips after its China-made EV sales drop in Nov. * Job openings rise to 7.744 mln in Oct, beating estimates. * South Korean firms fall after president declares martial law. * Indexes: Dow down 0.4%, S&P 500 off 0.1%, Nasdaq up 0.1% By Shashwat Chauhan and Purvi Agarwal.

  9. US labor market steadily cooling amid higher job openings, low layoffs
    Reuters | 11:58 AM EST

    * Job openings increase 372,000 to 7.744 million in October. * Hires decrease 269,000 to 5.313 million. * Layoffs drop 169,000, the most since April 2023. * Resignations increase 228,000 to 3.326 million. By Lucia Mutikani.

  10. TREASURIES-Longer-dated Treasury yields rise on strong jobs openings
    Reuters | 11:33 AM EST

    Longer-dated U.S. Treasury yields rose on Tuesday after labor market data showed faster than expected job creation, but demand kept high as investors seeking safe haven from geopolitical uncertainty in Asia bought Treasuries. U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion.

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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