On Wednesday, the Bureau of Labor statistics will publish a preliminary estimate of the benchmark revision to the level of monthly nonfarm payrolls (jobs report) from April 2023 to March 2024.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the ?Neutral? zone on Tuesday. U.S. stocks settled lower on Tuesday, with the S&P 500 and Nasdaq snapping their eight-session winning streaks.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the ?Neutral? zone on Tuesday. U.S. stocks settled lower on Tuesday, with the S&P 500 and Nasdaq snapping their eight-session winning streaks.
TAL Education Group (TAL) shares closed Tuesday down 5.30% at $8.58. Shares of U.S.-listed Chinese companies are trading lower after China?s central bank left its one-year and five-year loan prime rates unchanged at?3.35%?and?3.85%,?respectively.
The bond market of emerging economies has experienced a strong upswing in recent sessions, driven by rising expectations that the Federal Reserve is nearing a policy shift toward cutting interest rates.
"Investor reception will remain the ultimate arbiter of muni performance and ? the current state of the tax-exempt space to be well-positioned, even though munis are likely to continue to underperform USTs," said Jeff Lipton, a research analyst and market strategist.
Federal Reserve Gov. Michelle Bowman said she has concerns about an uptick in inflation and will need to see more positive data before supporting an interest rate cut.
Clyde, Texas, missed payments on certificates of participation due Aug. 1, the same day it declared a water emergency. Bond insurers are paying the holders.
We know that visibility is more than just being seen ? it's about influence, credibility and opportunity. For women in public finance, gaining visibility can be a game-changer.
Traders are anxiously awaiting the Federal Reserve?s annual Jackson Hole Symposium. This highly anticipated event could set the tone for the Fed?s future policy actions, especially as investors anticipate a rate cut at the upcoming September meeting.
Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo?s non-agency third-party Commercial Mortgage Servicing business, the largest servicer of CRE securitized debt in the U.S. The transaction, backed by V?rde Partners, positions Trimont as the largest loan servicer, managing a combined $640 billion of loans in ...
At $1.8 billion, the tax-exempt and taxable deal is the largest on the calendar this week and it's the latest offering from the city since a $1.2 billion refunding issuance in July.?
In a move that signals a significant shift in the global financial landscape, the Nigeria Inter-Bank Settlement System, a payments clearing house primarily owned by the Central Bank of Nigeria, has joined Africa?s first regulated blockchain network for payments, built by Nigeria?s decentralised payment infrastructure company Zone.
Roper Technologies, Inc. (ROP) announced today the pricing of its public offering of $500 million of 4.500% Senior Notes due 2029, $500 million of 4.750% Senior Notes due 2032, and $1 billion of 4.900% Senior Notes due 2034.
As investors contemplate rate policy for the remainder of 2024, "there have been a few strategies from which to choose to boost yield ? short positioning, curve extension and credit quality," noted Kim Olsan, senior fixed-income portfolio manager at NewSquare Capital.
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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