News Results

  1. What's Going On With AMD Stock?
    Benzinga | 11/14/23 01:34 PM EST

    Advanced Micro Devices, Inc.?shares are trading higher by 3.3% to $120.69 Tuesday afternoon after Roth MKM initiated coverage on the stock with a Buy rating and announced a?$125?price target. What Happened With CPI Data? In October 2023, the U.S. inflation rate slowed down to 3.2% compared to September's 3.7%, indicating a resumption of a downward trend after a summer increase.

  2. October CPI Is 3.2%
    Benzinga | 11/14/23 12:22 PM EST

    Today, we got the September Consumer Price Index report which showed an overall increase of 3.2% in the last year and 0.0% vs last month. CPI starting to fall back to 2Q levels. Real interest rate holding at 1.6%. Food: Food inflation came in at 3.3%. Food at home was up 2.1%, and I continue to insist that anyone who believes that number hasn't been inside a grocery store in years.

  3. What's Going On With BigBear.ai Stock?
    Benzinga | 11/13/23 03:51 PM EST

    BigBear.ai (BBAI), Inc. shares are trading higher on Monday. What To Know: BigBear.ai (BBAI) stock began its most recent move higher in early November, benefitting from a dip in Treasury yields. On Nov. 6, the company announced it would acquire Pangiam Intermediate Holdings, LLC for approximately $70 million.

  4. Bitcoin, Ether Move Higher: Bitfinex Advises Prudence Going Forward
    Benzinga | 11/13/23 03:26 PM EST

    As the global economy grapples with fluctuating markets and tightening lending standards, Bitcoin's trajectory offers a unique perspective on the future of finance. The Bitfinex Alpha report, closely tied to discussions at the upcoming Benzinga Future of Digital Assets conference, sheds light on the evolving landscape of cryptocurrency amidst these economic shifts.

  5. Inflation's Slow Retreat: October CPI Could Signal Crucial Shift In Economic Landscape
    Benzinga | 11/13/23 12:32 PM EST

    The U.S. Consumer Price Index inflation is set to drop from an annual 3.7% rate in September to a 3.3% rate in October, marking the first drop since June 2023, according to the median economist consensus.

  6. US Banks Are Struggling With $650 Billion In Unrealized Losses On Bond Holdings ? Here's How They Can Get Out
    Benzinga | 11/12/23 09:46 AM EST

    American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments -- but there could be a way out. What Happened:? The?losses resulted from banks pouring trillions into low-yield Treasury bonds before the Federal Reserve's rate hikes. With the surge in interest rates, the value of these bonds has taken?a nosedive, putting the banks in a precarious position.

  7. Crude Oil Rises 2%; US Consumer Sentiment Falls In November
    Benzinga | 11/10/23 12:00 PM EST

    U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Friday. The Dow traded up 0.44% to 34,041.58 while the NASDAQ rose 0.92% to 13,646.21. The S&P 500 also rose, gaining, 0.60% to 4,373.61. Check This Out: Costco, Robinhood And 2 Other Stocks Insiders Are Selling ? ? Information technology shares surged by 1.4% on Friday.

  8. Fed's Barkin Warns 'There Is More Inflation To Come,' Calls For Decisive Economic Slowdown
    Benzinga | 11/09/23 12:19 PM EST

    Richmond Federal Reserve President Thomas Barkin has outlined a strategy that involves slowing down the economy as the winning recipe to decisively win the ongoing battle against inflation.

  9. US Stocks Mostly Flat; Jobless Claims Decline In Latest Week
    Benzinga | 11/09/23 09:43 AM EST

    U.S. stocks traded mostly flat this morning, following the release of jobless claims data. Following the market opening Thursday, the Dow traded down 0.02% to 34,105.13 while the NASDAQ rose 0.01% to 13,651.18. The S&P 500 also fell, dropping, 0.01% to 4,382.36. Check This Out: Costco, Robinhood And 2 Other Stocks Insiders Are Selling ? ? Energy shares rose by 0.8% on Thursday.

  10. Ethereum Surpasses $1,900 Following Jobless Claims Data; Huobi Token Emerges As Top Gainer
    Benzinga | 11/09/23 09:32 AM EST

    Bitcoin moved higher, with the cryptocurrency prices trading past the $36,800 level on Thursday. Ethereum also recorded gains, trading above the key $1,900 mark this morning. Huobi Token was the top gainer over the prior 24 hours, while WOO Network turned out to be the biggest loser.

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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