News Results

  1. *--FOMC Cuts Fed Funds Rate by 25 Basis Points
    MT Newswires | 10/29/25 02:00 PM EDT

  2. Kutak Rock adds four attorneys, opens Ohio offices
    SourceMedia Bond Buyer | 10/29/25 01:45 PM EDT

    Kutak Rock has added four veteran public finance attorneys and opened offices in Columbus and Cleveland, the firm said Tuesday.

  3. Freddie Mac Announces Release Date for Third Quarter 2025 Financial Results
    GlobeNewswire | 10/29/25 01:44 PM EDT

    Freddie Mac announced today that it plans to report its Third Quarter 2025 financial results before the U.S. financial markets open on Thursday, October 30, 2025. The company will hold a call at 9 a.m. Eastern Time on Thursday, October 30, 2025, to share the company?s results with the media. Freddie Mac?s mission is to make home possible for families across the nation.

  4. US Equity Indexes Touch All-Time Highs as Fed Set to Cut Rates, Nvidia Surpasses $5 Trillion Market Cap
    MT Newswires | 10/29/25 01:30 PM EDT

    US equity indexes scaled new peaks in midday trading on Wednesday, as technology topped sector charts ahead of a widely anticipated easing of monetary policy by the Federal Reserve and Nvidia (NVDA) hit a record $5 trillion in market capitalization. The Nasdaq Composite rose 0.6% to 23,974.43, after hitting a record 24,019.99 earlier in the session. Energy was among the top gainers intraday.

  5. Sector Update: Financial
    MT Newswires | 10/29/25 01:28 PM EDT

    Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.7% and the Financial Select Sector SPDR Fund falling 1.1%. The Philadelphia Housing Index was up 0.2%, and the Real Estate Select Sector SPDR Fund dropped 2%. Bitcoin was declining 1.6% to $111,163, and the yield for 10-year US Treasuries was rising 1.4 basis points to nearly 4%. In economic ne...

  6. European Equities Close Mostly Lower in Wednesday Trading; Spain's GDP Growth Slows in Q3
    MT Newswires | 10/29/25 01:18 PM EDT

    European stock markets closed mostly lower in Wednesday trading as Germany's DAX was down 0.64%, France's CAC 40 lost 0.19%, the Stoxx Europe 600 fell 0.1%, the Swiss Market Index slid 0.37%, while the FTSE 100 in London advanced 0.61%. Spain's quarterly gross domestic product growth slowed to 0.6% in Q3 from 0.8% in the previous three-month period, according to preliminary data from the Nation...

  7. Lawsuits seek to block bond approval for New Mexico data center
    SourceMedia Bond Buyer | 10/29/25 12:44 PM EDT

    Approval by Do?a Ana County of $165 billion of industrial revenue bonds for a massive data center project is being challenged in state court.

  8. Capital Group Investment Director Notes Bank of Canada Stressing Monetary Policy's Limited Ability to Boost Demand While Taming Inflation
    MT Newswires | 10/29/25 12:37 PM EDT

    The Bank of Canada cut its overnight rate by 25bps to 2.25% on Wednesday, following a 25bps reduction at its previous meeting in September, said Kathrin Forrest, Equity Investment Director at Capital Group. This now puts the policy rate at the lower end of the BoC's estimated neutral range, with an eye towards reigniting domestic demand growth, noted Forrest.

  9. Not Much Impact in Canadian Dollar From Bank of Canada's Rate Cut, Says ING
    MT Newswires | 10/29/25 12:29 PM EDT

    As widely anticipated, the Bank of Canada cut its policy rate by a further 25bps to 2.25% on Wednesday, citing "US trade actions and related uncertainty" that are "having severe effects on targeted sectors including autos, steel, aluminium, and lumber," said ING. Gross domestic product contracted 1.6% in Q2 and "growth is expected to be weak in the second half of the year" as well.

  10. TSX Down 110 Points at Midday, Commodities Higher
    MT Newswires | 10/29/25 12:21 PM EDT

    The Toronto Stock Exchange is down 111 points at midday with commodities the sole gainers. The Bank of Canada also cut its interest rates to 2.25% this morning.

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