News Results

  1. US STOCKS-Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
    Reuters | 06/14/24 04:43 PM EDT

    * Adobe up after lifting full-year revenue forecast. * US consumer sentiment ebbs in June; inflation worries linger. * Indexes: Dow down 0.2%, S&P 500 down 0.04%, Nasdaq up 0.1% By Caroline Valetkevitch. NEW YORK, June 14 - The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related shares, while the S&P 500 and Dow ended slightly lower.

  2. GLOBAL MARKETS-S&P 500 ends lower, European stocks wrap up biggest weekly loss of the year
    Reuters | 06/14/24 04:30 PM EDT

    U.S. stocks dipped, gold surged and European stocks suffered their biggest weekly loss of the year on Friday amid cooling economic data, a hawkish Federal Reserve and unfolding political crises in Europe. The dollar gained ground against a basket of world currencies, while the euro saw its largest Friday-to-Friday drop against the dollar in two months.

  3. S&P 500 ends lower, European stocks wrap up biggest weekly loss of the year
    Reuters | 06/14/24 04:30 PM EDT

    U.S. stocks dipped, gold surged and European stocks suffered their biggest weekly loss of the year on Friday amid cooling economic data, a hawkish Federal Reserve and unfolding political crises in Europe. The dollar gained ground against a basket of world currencies, while the euro saw its largest Friday-to-Friday drop against the dollar in two months.

  4. US STOCKS-S&P 500 eases after recent rally, but tech shares rise
    Reuters | 06/14/24 04:00 PM EDT

    * Adobe up after lifting full-year revenue forecast. * US consumer sentiment ebbs in June; inflation worries linger. By Caroline Valetkevitch. The S&P 500 edged lower on Friday, ending a four-day run of record closing highs, but gains in Adobe and other technology shares limited the decline.

  5. NY Fed data shows neutral rate holding steady at low level
    Reuters | 06/14/24 03:46 PM EDT

    The underlying level of interest rates viewed as neutral in economic influence held steady at a low level over the first three months of this year, according to data released on Friday by the Federal Reserve Bank of New York. The bank said that R-Star stood at 0.7% in the first quarter of this year, unchanged from the revised reading reported for the final three months of 2023.

  6. GLOBAL MARKETS-S&P 500 dips, European stocks wrap up biggest weekly loss of the year
    Reuters | 06/14/24 03:38 PM EDT

    U.S. stocks dipped, gold surged and European stocks suffered their biggest weekly loss of the year on Friday amid cooling economic data, a hawkish Federal Reserve and unfolding political crises in Europe. The dollar gained ground against a basket of world currencies.

  7. US STOCKS-Indexes ease after recent rally, but tech shares still climb
    Reuters | 06/14/24 03:07 PM EDT

    * Adobe up after lifting full-year revenue forecast. * US consumer sentiment ebbs in June; inflation worries linger. * Indexes: Dow down 0.3%, S&P 500 down 0.2%, Nasdaq down 0.04% By Caroline Valetkevitch. NEW YORK, June 14 - U.S. stocks edged lower on Friday after a string of record highs, but gains in Adobe and other technology shares limited the decline.

  8. CANADA FX DEBT-C$ posts weekly gain, with BoC rate cuts seen priced in
    Reuters | 06/14/24 03:02 PM EDT

    * Loonie trades in a range of 1.3728 to 1.3779. * For the week, the loonie gains 0.2% * Factory sales and wholesale trade rise in April. * 10-year yield hits a 4-month low at 3.260% By Fergal Smith.

  9. Fed's Goolsbee: 'More months' of good inflation data needed
    Reuters | 06/14/24 02:57 PM EDT

    Federal Reserve Bank of Chicago President Austan Goolsbee on Friday said he was relieved after data this week showed inflation in May had cooled, but he would still like to see "more months" of similar data before cutting interest rates.

  10. Wall St Week Ahead-Retail stocks search for direction as rates stay high
    Reuters | 06/14/24 02:49 PM EDT

    Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared. The S&P 500 Consumer Discretionary Distribution & Retail index is up nearly 14% this year, roughly keeping pace with the S&P 500's year-to-date gain.

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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