News Results

  1. NY Fed's Williams: Emergency lending programs could be started if needed- WSJ
    Reuters | 12:41 PM EST

    The emergency lending facilities set up by the Federal Reserve to stabilize markets in the spring were successful and could be restarted later if needed after they expire at year end, New York Federal Reserve Bank President John Williams said Tuesday.

  2. U.S. consumer confidence slips; house prices surge
    Reuters | 11:32 AM EST

    U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter. The survey from the Conference Board on Tuesday followed on the heels of reports this month showing a moderation in job growth and retail sales in October.

  3. U.S. consumer confidence ebbs; house prices surge
    Reuters | 11:25 AM EST

    * Consumer confidence index falls 5.3 pts to 96.1 in November. * House prices increase 6.6% year-on-year in September. By Lucia Mutikani. U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter.

  4. Accelerating Rally in Oil Prices Signals Optimism About Global Growth
    | 11:09 AM EST

    A recent rise in oil prices continued Tuesday, putting crude on track for its highest close since early March with investors wagering on a brighter economic outlook and higher demand for fuel. U.S. crude-oil futures for January delivery advanced 2.9% to $44.32 a barrel, rallying for the sixth time in seven sessions and eclipsing their peak closing level from late August. Oil started the year above $60, briefly tumbled below $0 for the first time ever in April as coronavirus...

  5. Erdogan's snap economic rethink prompted by bleak briefings -Turkish sources
    Reuters | 11:05 AM EST

    * President warned of "major" unemployment wave in briefings. * Central bank chief ousted, then finance minister resigned. * Quick pivot after Biden election and before new virus curbs. By Orhan Coskun and Jonathan Spicer.

  6. Indicators show consumers expect conditions to worsen in the next six months
    SourceMedia Bond Buyer | 10:52 AM EST

    The consumer confidence index suggested expectations have slipped, and the Richmond Fed's services survey also offered a dim view ahead.

  7. U.S. Consumer Confidence Drops Further in November Amid Rise in Covid-19 Cases -- Update
    | 10:47 AM EST

    Consumers' views of the economic outlook soured in November as coronavirus cases soared across the country, according to survey data released Tuesday. The Conference Board, a private research group, said its index of consumer confidence fell to 96.1 this month, from a revised 101.4 in October. Economists surveyed by The Wall Street Journal had expected a reading of 98.0.

  8. Mid-Atlantic Manufacturing Activity Declines But Remains Positive in November, Survey Shows--Richmond Fed
    | 10:30 AM EST

    Manufacturing activity across the central Atlantic region of the U.S. remained broadly positive in November, as the composite index declined but continued in expansionary territory, data from a survey from the Federal Reserve Bank of Richmond showed Tuesday. The Fifth District Survey of Manufacturing Activity's composite index came in at 15 in November, down from the 29 reading registered in October. The indicator compares with FactSet's forecast of 19..

  9. U.S. Consumer Confidence Drops Further in November Amid Rise in Covid-19 Cases
    | 10:28 AM EST

    Consumer confidence in the U.S. declined for the second consecutive month in November amid a continued surge in Covid- 19 infections across the country, according to data from The Conference Board released Tuesday. The consumer confidence index decreased to 96.1 in November from an upwardly revised 101.4 in October. Economists polled by The Wall Street Journal expected consumer sentiment to slip to 98.0.

  10. GDP Seen Steady, New Home Sales Expected to Rise -- Data Week Ahead
    | 10:14 AM EST

    The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Wednesday 0830 Jobless Claims Nov 21 733 K 742 K 0830 Durable Goods Orders Oct +0.6% +1.9% 0830 Real GDP 3 Q +33.1% +33.1%* 0830 GDP Prices 3 Q +3.6% +3.6%* 1000 Personal Income Oct -0.1% +0.9% 1000 Consumer Spending Oct +0.3% +1.4% 1000 Core PCE Prices M/M Oct +0.0% +0.2% 1000 Core...

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