* After overseas sell-off, Nasdaq closes lightly higher. * Investor bets decline for Fed rate cut next month. * US Treasury yields turn higher, dollar edges up. * UK markets whipped around by budget talk. By Sin?ad Carew and Dhara Ranasinghe.
* US two-year yields post largest weekly rise since mid-June. * US 2/10 yield curve bear steepens, suggesting Fed pause imminent. * Rate futures price 40% chance of rate cut in December. * Fed's Schmid, Logan favor pause in December meeting. By Gertrude Chavez-Dreyfuss and Alden Bentley.
US equity indexes closed mixed this week as stretched valuations and plunging interest-rate cut bets amid lingering inflationary concerns hurt the so-called AI trade. * The S&P 500 closed at 6,734.11 on Friday versus 6,728.80 a week ago. * Energy, basic materials, and healthcare led the sector charts, while consumer cyclicals led decliners. * Four Magnificent-7 stocks fell this week, led by Tesla.
US equity indexes closed mixed on Friday, as selective dip-buying helped lift the technology sector while top Federal Reserve officials noted inflationary impulses in the economy.
Financial stocks were lower in late Friday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund shedding 0.9%. The Philadelphia Housing Index was easing 0.6%, and the Real Estate Select Sector SPDR Fund was increasing 0.3%. Bitcoin was falling 4.4% to $95,322, and the yield for 10-year US Treasuries rose 4 basis points to 4.15%. In corporate news,...
* After overseas sell-off, Wall Street turns higher. * Investors bets decline for Fed rate cut next month. * US Treasury yields turn higher, dollar edges up. * UK markets whipped around by budget talk. By Sin?ad Carew and Dhara Ranasinghe.
Financial stocks were lower in late Friday afternoon trading, with the NYSE Financial Index down 0.3% and the Financial Select Sector SPDR Fund shedding 0.9%. The Philadelphia Housing Index was easing 0.6%, and the Real Estate Select Sector SPDR Fund was increasing 0.3%. Bitcoin was falling 4.4% to $95,322, and the yield for 10-year US Treasuries rose 4 basis points to 4.15%. In corporate news,...
Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund shedding 0.6%. The Philadelphia Housing Index was easing 0.3%, and the Real Estate Select Sector SPDR Fund was increasing 0.1%. Bitcoin was declining 3.5% to $95,065, and the yield for 10-year US Treasuries rose 3 basis points to 4.14%. In corporate news, KK...
Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.4% and the Financial Select Sector SPDR Fund shedding 0.6%. The Philadelphia Housing Index was easing 0.3%, and the Real Estate Select Sector SPDR Fund was increasing 0.1%. Bitcoin was declining 3.6% to $96,088, and the yield for 10-year US Treasuries rose 3 basis points to 4.14%. In corporate news, KK...
Japanese government bonds fell on Friday, pushing yields higher, as they tracked declines in U.S. Treasuries overnight amid growing doubts about an imminent Federal Reserve rate cut. Longer-term Japanese yields rose more, steepening the yield curve - a trend that has been in place all month as investors fretted over the potential for less fiscal restraint under new Prime Minister Sanae Takaichi.
MSCI's global equities gauge lost ground on Friday and Wall Street had a muted end to the week while U.S. Treasury yields climbed after hawkish Federal Reserve officials trounced on hopes for a December interest rate cut.
Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak session for U.S. asset prices. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today. Today's Key Market Moves.
Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak session for U.S. asset prices. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today. Today's Key Market Moves.
Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar also fell in a bleak session for U.S. asset prices. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
* Fed policymakers divided on rate cuts amid inflation concerns. * US government reopens after record 43-day shutdown. * US 30-year bond auction shows weak results. * US Treasury 2/10 yield curve in bear-steepening mode. By Gertrude Chavez-Dreyfuss.
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund each shedding 1.3%. The Philadelphia Housing Index declined 1.6%, and the Real Estate Select Sector SPDR Fund lost 1.2%. Bitcoin fell 3.1% to $98,514, and the yield for 10-year US Treasuries climbed 4 basis points to 4.12%. In economic news, according to the Federal R...
* Wall Street stocks fall with bond prices as rate cut prospects fade. * US dollar slips while Treasury yields rise. * Crude settles modestly higher, gold pulls back from 3-week high. By Sin?ad Carew and Marc Jones.
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index dropping 1.2% and the Financial Select Sector SPDR Fund shedding 1.4%. The Philadelphia Housing Index declined 1.6%, and the Real Estate Select Sector SPDR Fund lost 1.2%. Bitcoin fell 3.1% to $98,514, and the yield for 10-year US Treasuries climbed 4 basis points to 4.12%. In corporate news, Robinhood shares...
Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index dropping 0.6% and the Financial Select Sector SPDR Fund shedding 0.8%. The Philadelphia Housing Index declined 0.5%, and the Real Estate Select Sector SPDR Fund lost 0.7%. Bitcoin fell 2.9% to $98,589, and the yield for 10-year US Treasuries climbed 4.3 basis points to 4.11%. In economic news, according to the Fed...
Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index dropping 0.6% and the Financial Select Sector SPDR Fund shedding 0.8%. The Philadelphia Housing Index declined 0.5%, and the Real Estate Select Sector SPDR Fund lost 0.7%. Bitcoin fell 2.4% to $99,204, and the yield for 10-year US Treasuries climbed 4.3 basis points to 4.11%. In corporate news, Carlyle is explorin...
* Fed policymakers divided on rate cuts amid inflation concerns. * US government reopens after record 43-day shutdown. * Focus on 30-year bond auction. By Gertrude Chavez-Dreyfuss.
U.S. 10-year Treasury yields, assuming no upside inflation surprises, are likely to rise modestly in coming months, according to a Reuters poll of market experts, while short-dated yields are forecast to decline on rate cut bets. ?. The survey results suggest inertia in the world's largest debt market despite a long list of potential risks, not least of which is a mountain of upcoming supply.
Wall Street indexes suffered their biggest one-day decline in a month on Thursday, pushing down MSCI's global equities gauge while U.S. Treasury yields rose as investor bets for a December rate cut took a dive after hawkish comments by Federal Reserve officials.
* European shares hit record highs, US indexes mixed. * House vote expected to end longest US shutdown. * US Treasury yields fall on bets for easier Fed policy. * Yen falls to nine-month lows vs dollar. By Sin?ad Carew and Dhara Ranasinghe.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.8% and the Financial Select Sector SPDR Fund adding 1%. The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund was shedding 0.3%. Bitcoin was declining 1.4% to $101,603, and the yield for 10-year US Treasuries dropped 5.5 basis points to 4.07%. The government shutdo...
* European shares hit record highs, US indexes mixed. * House vote later could end longest US shutdown. * US Treasury yields fall on bets for easier Fed policy. * Yen falls to nine-month lows vs dollar. By Sin?ad Carew and Dhara Ranasinghe.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.8% and the Financial Select Sector SPDR Fund adding 1%. The Philadelphia Housing Index was easing 0.2%, and the Real Estate Select Sector SPDR Fund was shedding 0.3%. Bitcoin was declining 1.4% to $101,603, and the yield for 10-year US Treasuries dropped 5.5 basis points to 4.07%. In corporate news, Ma...
Financial stocks rose in Wednesday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.9%. The Philadelphia Housing Index was easing 0.1%, and the Real Estate Select Sector SPDR Fund was shedding 0.4%. Bitcoin was declining 1.9% to $101,259, and the yield for 10-year US Treasuries was dropping 4.6 basis points to 4.06%. In corporate news, Cit...
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.9% and the Financial Select Sector SPDR Fund adding 1%. The Philadelphia Housing Index was easing 0.1%, and the Real Estate Select Sector SPDR Fund was shedding 0.4%. Bitcoin was declining 1.6% to $101,465, and the yield for 10-year US Treasuries was dropping 4.6 basis points to 4.06%. In corporat...
* European shares at record highs, US indexes mixed. * House vote later could end longest US shutdown. * US Treasury yields fall on bets for easier Fed policy. * Yen falls to nine-month lows vs dollar. By Sin?ad Carew and Dhara Ranasinghe.
Commerzbank in its "European Sunrise" note of Wednesday highlighted: Markets: United States Treasury yields open lower after the holiday, long-end weakens in Asia. U.S.: White House economic adviser Kevin Hassett says some economic surveys haven't been completed due to the government shutdown. U.S.: President Donald Trump thinks the House will "vote positively" on the shutdown.
U.S. government bonds rallied in early Asia trade on Wednesday after a private survey pointed to weakness in the labour market, raising investor expectations for further interest rate cuts. Benchmark 10-year yields were down 3.1 basis points at 4.0791%, according to data compiled by LSEG. The Treasury market had been closed on Tuesday for Veterans Day.
MSCI's global equities index rose slightly on Wednesday while U.S. Treasury yields fell and Wall Street indexes were mixed while investors waited for U.S. Congress to end the federal shutdown and provide greater clarity on the health of the U.S. economy. In currencies, the dollar dipped against the euro but gained against the yen, which fell to nine-month lows.
-U.S. regulators have agreed on the terms to ease a set of capital requirements that could potentially allow banks to hold more Treasuries, Bloomberg News reported on Tuesday, citing people familiar with the matter. Officials from the Federal Reserve and other agencies recently submitted a final plan for a key capital reserve ratio to the White House for review, according to the report.
U.S. regulators have agreed on the terms to ease a set of capital requirements that could potentially allow banks to hold more Treasuries, Bloomberg News reported on Tuesday, citing people familiar with the matter. Officials from the Federal Reserve and other agencies recently submitted a final plan for a key capital reserve ratio to the White House for review, according to the report.
Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index adding 0.7% and the Financial Select Sector SPDR Fund gaining 0.4%. The Philadelphia Housing Index climbed 0.9%, and the Real Estate Select Sector SPDR Fund advanced 1%. Bitcoin fell 2.7% to $103,106, and the yield for 10-year US Treasuries rose 1 basis point to 4.12%. In economic news, ADP's weekly measure of...
Financial stocks rose in late Tuesday afternoon trading, with the NYSE Financial Index adding 0.7% and the Financial Select Sector SPDR Fund up 0.5%. The Philadelphia Housing Index was climbing 0.9%, and the Real Estate Select Sector SPDR Fund was rising 1%. Bitcoin was declining 2.7% to $103,106, and the yield for 10-year US Treasuries rose 1 basis points to 4.12%. In corporate news, Blackston...
Financial stocks rose in Tuesday afternoon trading, with the NYSE Financial Index adding 0.8% and the Financial Select Sector SPDR Fund up 0.6%. The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund was rising 1.1%. Bitcoin was declining 2.2% to $103,395, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.12%. In economic news, ADP's weekl...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.8% and the Financial Select Sector SPDR Fund up 0.6%. The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund was adding 1.1%. Bitcoin was declining 2.5% to $103,316, and the yield for 10-year US Treasuries was rising 1 basis point to 4.12%. In corporate new...
* Potential end to US government shutdown buoys market. * Indexes rise: MSCI global index 1.4%, Nasdaq 2.3%, S&P 500 1.5% * US yields rise, riskier currencies gain against the US dollar. By Sin?ad Carew and Nell Mackenzie.
Financial stocks advanced Monday with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund climbing 0.3%. The Philadelphia Housing Index rose 0.2%, and the Real Estate Select Sector SPDR Fund eased 0.1%. Bitcoin increased 1.2% to $106,046, and the yield for 10-year US Treasuries rose 1.7 basis points to 4.11%. In corporate news, Visa and Mastercard (MA) said Monday agreed t...
* Potential end to US government shutdown buoys market. * Nasdaq rallies >2%, S&P 500 rises >1%, Dow rises <1% * US yields rise, riskier currencies gain against the US dollar. By Sin?ad Carew and Nell Mackenzie.
* Senate advances bill to end government shutdown. * Fed officials cautious on further rate cuts inflation concerns. * US three-year auction shows strong results. * US yield curve bear flattens. By Gertrude Chavez-Dreyfuss.
Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund up 0.5%. The Philadelphia Housing Index rose 0.5%, and the Real Estate Select Sector SPDR Fund was up 0.2%. Bitcoin was increasing 1.2% to $106,046, and the yield for 10-year US Treasuries rose 1.7 basis points to 4.11%. In corporate news, Visa an...
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.
Log In Required
Publication Date