News Results

  1. PRECIOUS-Gold retreats from 3-week peak as dollar gains ground
    Reuters | 10:15 PM EDT

    Gold prices edged lower on Tuesday, having touched a nearly three-week high earlier in the session, as a firmer dollar dimmed the appeal of greenback-priced bullion and countered support from lower U.S. Treasury yields. FUNDAMENTALS. * Spot gold was down 0.2% at $1,696.04 per ounce, as of 0135 GMT, having touched its highest since Sept. 14 at $1,702.39 earlier in the day.

  2. GLOBAL MARKETS-Wall Street opens fourth quarter on high note as oil surges
    Reuters | 05:09 PM EDT

    * U.S. stocks close up over 2% after September selloff. * Oil surges over 4% on reduced supply outlook. * Treasury yields slip. By Pete Schroeder. U.S. stocks rose sharply on the first day of trading of the fourth quarter as volatile swings continued to dominate markets, while the prospect of reduced supply pushed oil up nearly $4 a barrel.

  3. TREASURIES-U.S. yields decline after UK tax turnaround, U.S. data
    Reuters | 03:36 PM EDT

    The yield on the benchmark U.S. 10-year Treasury note fell on Monday, after British Prime Minister Liz Truss was forced to abandon a tax cut plan while U.S. economic data showed a slowdown in manufacturing.

  4. What's Going On With Amazon Stock Today
    | 02:36 PM EDT

    Amazon.com, Inc. shares are trading higher by 2.98% to $116.37 during Monday's trading session. A drop in treasury yields has also helped lift the broader market in today's session. Equities fell in September due to concerns over inflation, contractionary Federal Reserve policy and a potential recession.

  5. TREASURIES-U.S. yields fall after UK tax turnaround
    Reuters | 10:57 AM EDT

    The benchmark U.S. 10-year Treasury yield fell on Monday, after British Prime Minister Liz Truss was forced to reverse course on a tax cut for the highest rate that had helped rattle financial markets in recent days.

  6. Wall Street closes with sharp gains as final quarter begins
    Reuters | 06:58 AM EDT

    - Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled on weaker-than-expected manufacturing data, increasing the appeal of stocks at the start of the year's final quarter.

  7. PRECIOUS-Gold firms on softer dollar, yields; rate-hike fears limit upside
    Reuters | 05:18 AM EDT

    * Focus on manufacturing PMIs, U.S. jobs data this week. * Silver hits more than one-week high. * Palladium up more than 1% By Brijesh Patel. Gold prices edged higher on Monday, helped by a pullback in the dollar and U.S. Treasury yields, although the gains were capped on fears of aggressive rate hikes by the U.S. Federal Reserve. Spot gold was up 0.2% at $1,663.70 per ounce, as of 1043 GMT.

  8. Wall Street opens fourth quarter on high note as oil surges
    Reuters | 10/02/22 11:08 PM EDT

    U.S. stocks rose sharply on the first day of trading of the fourth quarter as volatile swings continued to dominate markets, while the prospect of reduced supply pushed oil up nearly $4 a barrel. U.S. Treasury yields turned lower after British officials abandoned a tax cut plan, and new data indicated a slowdown in U.S. manufacturing.

  9. Why AMD Shares Fell Sharply This Week
    | 10/01/22 09:50 AM EDT

    Advanced Micro Devices, Inc.? shares traded?lower by 6.67% to $63.36 this week amid overall market weakness and?a rise in the 10-year treasury yield, which is?hovering around a decade high of 4%. In general, when?interest rates?rise, the value of future cash flows is reduced for growth stocks, which in turn lower the value of the stock.

  10. TREASURIES-Yields rise as Fed officials vow to fight hot inflation
    Reuters | 09/30/22 04:45 PM EDT

    Treasury yields rose on Friday in a volatile week rocked by a Bank of England intervention that sent bond prices soaring only to later slip after a raft of Federal Reserve officials insisted U.S.

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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