News Results

  1. Gold Gains 1%; US Consumer Sentiment Falls In June
    Benzinga | 06/14/24 12:03 PM EDT

    U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Friday.

  2. The Japanese Yen Fell To A Six-Week Low After The Bank Of Japan Ended Its Meeting
    Benzinga | 06/14/24 11:18 AM EDT

    By RoboForex Analytical Department. The Japanese yen exchange rate paired with the US dollar looks unimpressive by the end of this week. In March, the BoJ raised the rate for the first time in seven years, moving it from negative territory to zero. In its comments, the regulator noted that it will continue to buy Japanese government bonds at the same pace as agreed in March until its July meeting.

  3. Consumer Sentiment Tumbles In June, Reaches 7-Month Low: 'High Prices As Well As Weakening Incomes' Raise Concerns
    Benzinga | 06/14/24 10:30 AM EDT

    Preliminary estimates from the University of Michigan indicate a sharper-than-expected decline in U.S. consumer confidence in June, reaching its lowest point in seven months. The survey also showed that inflation expectations remain largely unchanged, suggesting that the decreased consumer sentiment has not led to a perception of reduced price pressures in the coming years.

  4. S&P 500 Notches Record High For 4th Day, Market Sentiment Dips To 'Fear' Zone Following PPI Report
    Benzinga | 06/14/24 05:27 AM EDT

    The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the ?Fear? zone on Thursday. U.S. stocks settled mixed on Thursday, with the S&P 500 recording a fourth consecutive closing record.

  5. Bond ETFs Unfazed By Fed Decision To Keep Rates Steady
    Benzinga | 06/13/24 12:41 PM EDT

    The bond market remained stable on Thursday morning after the Federal Reserve kept interest rates unchanged on Wednesday, as bond exchange-traded funds stayed flat in early-morning trading.

  6. Goldman Sachs Reaffirms September Rate Cut Forecast, Downplays Fed's 'Hawkish Surprise'
    Benzinga | 06/13/24 12:26 PM EDT

    Goldman Sachs has reiterated its forecast for two interest rate cuts in 2024, commencing in September, following the Federal Open Market Committee?s June meeting.

  7. Ice Cold Producer Inflation Data Sparks Economist Reactions: 'More Data In The Correct Direction'
    Benzinga | 06/13/24 10:51 AM EDT

    The Federal Reserve?s stance during its June meeting and Chair Jerome Powell?s remarks about needing ?more confidence? might have shifted if policymakers had also seen the largest drop in producer inflation in eight months.

  8. Janet Yellen Says US Debt Levels Are 'Reasonable,' But Warns About Interest Burden
    Benzinga | 06/13/24 10:26 AM EDT

    Treasury Secretary Janet Yellen affirms that the current U.S. debt load is manageable, provided it remains at its current level relative to the economy. What Happened: On Thursday, Yellen stated in a CNBC interview that the burgeoning national debt is manageable as long as it stays around where it is relative to the rest of the economy.

  9. Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest
    Benzinga | 06/13/24 08:43 AM EDT

    Inflation felt by U.S. producers rose less than expected on an annual basis in May, bolstering market optimism for a sustained decrease in price pressures throughout the economy, following a lower-than-anticipated consumer inflation report released on Wednesday.

  10. Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest
    Benzinga | 06/13/24 08:42 AM EDT

    Inflation felt by U.S. producers rose less than expected on an annual basis in May, bolstering market optimism for a sustained decrease in price pressures throughout the economy, following a lower-than-anticipated consumer inflation report released on Wednesday.

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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