News Results

  1. Asian shares track Wall Street losses ahead of U.S. inflation data
    Reuters | 10:11 PM EDT

    - Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve's plans for future monetary tightening. The Consumer Price Index report will be released later today, with markets watching for signs that inflation eased in July despite last week's unexpectedly strong U.S. jobs numbers.

  2. GLOBAL MARKETS-Asian shares track Wall Street losses ahead of U.S. inflation data
    Reuters | 10:05 PM EDT

    Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve's plans for future monetary tightening. The Consumer Price Index report will be released later today, with markets watching for signs that inflation eased in July despite last week's unexpectedly strong U.S. jobs numbers.

  3. PRECIOUS-Gold prices subdued as investors await U.S. inflation data
    Reuters | 09:52 PM EDT

    Gold prices struggled for momentum on Wednesday, as investors refrained from making big bets ahead of U.S. inflation data that is expected to influence the pace of Federal Reserve rate hikes.

  4. China's July factory-gate inflation hits 17-month low
    Reuters | 09:47 PM EDT

    China's factory-gate inflation eased to its weakest since February 2021, as raw material prices fell due to already slower construction activity, while consumer prices rose gently, bucking the sharp increases seen elsewhere. The producer price index rose 4.2% year-on-year, the National Bureau of Statistics said on Wednesday, after a 6.1% uptick in June.

  5. Brazil's unemployment rate will be 8% before the year ends, minister says
    Reuters | 09:02 PM EDT

    Brazil Economy Minister Paulo Guedes said on Tuesday the country's unemployment rate will be 8% before the year ends and that economic growth will exceed analysts' forecasts. "Before the year ends, we are going down to 8% ... we are going to end the year with the lowest unemployment rate we have seen in the last 10 or 15 years," he said.

  6. FOREX-Dollar trades solidly in calm before CPI storm
    Reuters | 08:17 PM EDT

    The dollar traded firmly on Wednesday in anticipation of U.S. inflation data, which even if it comes in softer-than-expected is still likely to be so red hot that steep U.S. interest rate rises will ...

  7. BRIEF-Meta Platforms Inc Raises $10 bln in bond offering
    Reuters | 06:32 PM EDT

    Meta Platforms Inc (META): * Meta Platforms Inc (META) - ON AUGUST 9, ENTERED INTO AN INDENTURE AND A SUPPLEMENTAL INDENTURE WITH U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE. * Meta Platforms Inc (META) - PURSUANT TO INDENTURE COMPANY ISSUED $2.75 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR UNSECURED NOTES DUE 2027.

  8. Meta raises $10 billion in first-ever bond offering
    Reuters | 05:32 PM EDT

    - Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  9. Meta raises $10 billion in first-ever bond offering
    Reuters | 05:29 PM EDT

    Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  10. CANADA STOCKS-Toronto market gives back some recent gains as tech weighs
    Reuters | 04:50 PM EDT

    * TSX ends down 90.87 points, or 0.5%, at 19,578.30. * Technology loses 4.1%; Nuvei (NVEI) tumbles 21.4% * Health care drops 7.9% as cannabis shares slide. * Energy gains 0.6% By Fergal Smith. Canada's main stock index fell on Tuesday, with technology shares leading the move lower ahead of U.S. inflation data expected to set the tone for additional Federal Reserve interest rate increases.

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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