News Results

  1. Resurgent S&P 500 crests new 2023 closing high after roller-coaster year
    Reuters | 04:54 PM EST

    - A searing late-year rally has brought the S&P 500 to a fresh 2023 closing high, as investors bet the Federal Reserve is done raising interest rates and the U.S. economy will remain resilient in the face of tighter monetary policy. The benchmark index closed at 4,594.63, nearly 6 points above its previous closing high for 2023 set in late July.

  2. S&P 500 rises to highest close of 2023 amid rate cut optimism
    Reuters | 04:39 PM EST

    The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut them next year as inflation cools. The index closed at 4,594.63 points, up 26.83 points, or 0.59%, and topping the close on July 31 at 4,588.96, which had been the prior high of 2023.

  3. GLOBAL MARKETS-Shares climb, dollar falls with Fed comments inspiring dovish bets
    Reuters | 04:38 PM EST

    MSCI's global stock index rose on Friday and marked its fifth straight weekly gain while U.S. Treasury yields and the dollar fell on the day as investors were encouraged by Federal Reserve Chair Jerome Powell's vow to move "carefully" on interest rates.

  4. S&P 500 rises to highest close of 2023 amid rate cut optimism
    Reuters | 04:36 PM EST

    The benchmark S&P 500 index closed at its highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut them next year as inflation cools. The index closed at 4,594.63 points, up 26.83 points, or 0.59%, and topping the close on July 31 at 4,588.96, which had been the prior high of 2023.

  5. CANADA STOCKS-TSX climbs to 2-1/2-month high as investors eye 2024 rate cuts
    Reuters | 04:31 PM EST

    * TSX ends up 1.1% at 20,452.87. * Posts its highest closing level since Sept. 18. * Industrials and bond proxies among biggest gainers. * National Bank of Canada (NTIOF) rallies after Q4 results. By Shashwat Chauhan and Fergal Smith.

  6. TREASURIES-US yields plunge after Powell comments, data
    Reuters | 04:29 PM EST

    U.S. Treasury yields dropped on Friday after comments from Fed Chair Jerome Powell fanned cautious optimism that the central bank was done hiking rates, while more weak data on the manufacturing sector underscored that the surprisingly robust economy remains fragile.

  7. US STOCKS-S&P 500 rises to highest close of 2023 amid rate cut optimism
    Reuters | 04:05 PM EST

    The benchmark S&P 500 index closed at it's highest level of the year on Friday amid growing optimism the Federal Reserve was done raising U.S. interest rates and could begin to cut them next year as inflation cools. The index closed at 4,594.63 points, up 26.83 points, or 0.59%, and topping the close on July 31 at 4,588.96, which had been the prior high of 2023.

  8. US STOCKS-S&P 500 hits 2023 closing high as Powell strengthens peak rate bets
    Reuters | 04:01 PM EST

    * Powell acknowledges risks of over-tightening. * ISM shows U.S. manufacturing weakness persists. * Pfizer (PFE) dips as obesity drug trial dropped. * Tesla slips as Cybertruck priced above initial forecast. By Stephen Culp.

  9. EMERGING MARKETS-Latam assets extend November rally, on track for weekly gains
    Reuters | 03:54 PM EST

    central bank director * Latam stocks up 1.3%, FX up 1% (Updated at 3pm ET/2000 GMT) By Johann M Cherian Dec 1 (Reuters) - Most Latin American stocks ...

  10. FOREX-US dollar falls on dovish remarks by Fed's Powell
    Reuters | 03:54 PM EST

    The dollar fell on Friday, after two days of gains, as Federal Reserve Chair Jerome Powell struck a cautious tone on further interest rate moves, saying that the risk of under- or over-tightening is ...

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.

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