News Results

  1. GLOBAL MARKETS-Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
    Reuters | 04:43 PM EDT

    The Nasdaq and the S&P 500 closed sharply lower on Friday and Treasury yields dipped as investors juggled lackluster earnings, uncertainties surrounding central bank policy and geopolitical strife. Gold and crude oil prices advanced as market participants kept an uneasy eye on unfolding turmoil in the Middle East.

  2. Bank of Mexico deputy governor sees rates on hold for longer than expected
    Reuters | 04:33 PM EDT

    Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than expected by markets, noting it would likely stay put at 11% at the May policy meeting and that the June decision would be data dependent.

  3. CANADA STOCKS-TSX pares weekly decline as interest rate sensitive shares gain
    Reuters | 04:30 PM EDT

    * TSX ends up 0.5% at 21,807.37. * For the week, the index falls 0.4% * Communications sector gains 0.6% * Financials add 0.7% By Fergal Smith. Canada's main stock index edged higher on Friday as energy and interest rate sensitive shares notched gains, with the index outperforming Wall Street and clawing back some of its weekly decline.

  4. Form 6-K ROYAL BANK OF CANADA For: Apr 19
    EDGAR SEC Filings | 04:29 PM EDT

    http://archive.fast-edgar.com/20240419/AQ2L8Q2DZ22R3ZZ2222A2ZYN8NLDZZ22N262 Filed on: April 19, 2024.

  5. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 04:22 PM EDT

    http://archive.fast-edgar.com/20240419/A82ZA62CZM228ZJ2222I2Z42MLDLZC223M62 Filed on: April 19, 2024.

  6. Canada federal budget does not change fiscal track much, says Bank of Canada
    Reuters | 04:22 PM EDT

    Bank of Canada Governor Tiff Macklem, who in February said the federal government should avoid a major spending increase, on Friday said this week's federal budget had not significantly altered Canada's fiscal path. In Tuesday's budget, Prime Minister Justin Trudeau's Liberals promised billions in dollars of additional spending, but also said it would hike taxes.

  7. Fed says 1,804 banks and other institutions tapped emergency lending facility
    Reuters | 04:07 PM EDT

    - Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday.

  8. Fed report cites inflation, US election as key financial stability risks
    Reuters | 04:04 PM EDT

    Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest survey of U.S. central bank contacts, with geopolitical troubles and the 2024 U.S. presidential election also mentioned as "a potentially significant source of shocks."

  9. Fed says 1,804 banks and other institutions tapped emergency lending facility
    Reuters | 04:00 PM EDT

    Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday.

  10. ECB's Lagarde says inflation more likely to ease but risks both ways
    Reuters | 03:03 PM EDT

    Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine Lagarde said on Friday. "At the same time, the Governing Council is not pre-committing to a particular rate path," Lagarde said, repeating the bank's most recent guidance.

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.

fir_news_results