* Traders anticipate December Fed cut, consider outlook for US policy under new Fed chair. * New Zealand dollar surges as RBNZ dials back on dovish forward guidance. * Hotter-than-expected Australian inflation print lifts Aussie dollar. * Sterling on guard ahead of UK budget announcement. By Rae Wee.
* RBNZ signals end to easing cycle as economy shows signs of recovery. * NZ dlr rises, traders reduce expectations for further rate cuts. * RBNZ forecasts cash rate at 2.65% by Q4 2027, indicating hawkish stance. By Lucy Craymer.
* Stocks rise following third day of gains for S&P 500. * Oil stabilises after fall on signs of Ukraine-Russia peace deal. * Sterling steady ahead of UK budget. By Gregor Stuart Hunter. Asian stocks rose on Wednesday, chasing gains on Wall Street as weaker-than-expected economic data spurred expectations that the Federal Reserve will cut interest rates at its policy meeting next month.
The Bank of Japan is preparing markets for a possible interest rate hike as soon as next month, sources say, reviving previous hawkish language as worries about sharp yen declines return and political pressure for the bank to keep rates low fades.
SEOUL, South Korea, Nov. 25, 2025 /PRNewswire/ -- The?APEC CEO Summit Korea 2025, held in Gyeongju from October 28 to 31, set records for the largest number of participants, the most sessions, and the longest duration. Marking one month since the conclusion of the APEC CEO Summit, KCCI highlighted the summit's achievements and impact in its report, APEC CEO Summit Korea 2025 by Numbers.
Gold prices nudged higher during early Asian trade on Wednesday, driven by optimism over a possible December interest rate cut by the Federal Reserve. FUNDAMENTALS. * Spot gold was up 0.2% at $4,136.59 per ounce, as of 0054 GMT. * Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data.
New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, as policymakers extended their efforts to revive a struggling economy and mitigate global headwinds.
UMH Properties, Inc. (UMH) announced that on November 25, 2025 it completed the addition of seven communities containing 1,765 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $91.8 million. Samuel A. Landy, President and Chief Executive Officer, commented ?We are proud to complete another addition to our Fannie Mae credit facility.
Making sense of the forces driving global markets. By Alden Bentley, Editor in Charge, Americas Finance and Markets. Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what animated markets today. Today's Key Market Moves. Today's Key Reads?. Wall Street advances as Federal Reserve rate cut bets gather momentum.
By Alden Bentley. Making sense of the forces driving global markets. By Alden Bentley, Editor in Charge, Americas Finance and Markets. Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what animated markets today. Today's Key Market Moves.
* Fed rate cut expectations rise after comments from Fed officials. * Alphabet nears $4 trillion market cap amid Meta chip talks. * U.S. retail sales fall short of expectations. By Chuck Mikolajczak.
Freddie Mac today posted to its website its?Monthly Volume Summary for October 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
* TSX ends up 1% at 30,900.65. * Eclipses November 12 record closing high. * Consumer-related shares pace gains. * Energy falls 0.6% as oil settles lower. By Fergal Smith. Canada's main stock index rose to a record high on Tuesday, led by gains for consumer-related stocks, as investors expected lower interest rates and infrastructure spending to help lift economic growth next year.
US benchmark equity indexes closed higher for a third consecutive session as the odds of a Federal Reserve rate cut remained largely intact following fresh economic data.
The Toronto Stock Exchange closed at a record high on Tuesday, rising for a third-straight session for total gains of near 1,000 points, even as TD Economics asked: "Why is the global economy resilient in the face of a historic increase in tariffs?".
Rocket Companies Inc (RKT) shares traded higher on Tuesday, propelled by a shift in Federal Reserve expectations. What To Know: With traders now pricing in an 81% probability of a December rate cut following dovish comments from Fed Gov. Christopher Waller regarding labor market softness, the macro environment is pivoting in Rocket's favor.
US equity indexes closed higher Tuesday amid growing expectations of a Federal Reserve interest rate cut in December following declines in consumer confidence and retail sales. * The likelihood of a 25-basis-point interest rate cut in December rose to 83.8%, according to the CME FedWatch Tool.
"Dealer inventories have grown heavier throughout [November], which could put pressure on the market if supply reverts to its weekly average of over $10 billion," said Chris Brigati, CIO and managing director of SWBC, and Ryan Riffe, SVP of capital markets at the firm.
-U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified. "We've gotten to this point where monetary policy has gotten very complicated" and the U.S. central bank should "simplify things," Bessent said in an interview with CNBC.
-U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified. "We've gotten to this point where monetary policy has gotten very complicated" and the U.S. central bank should "simplify things," Bessent said in an interview with CNBC.
* Alphabet up after report on talks with Meta to supply AI chips. * Retail sales, producer prices, consumer confidence reports released. * Kohl's and Abercrombie boost S&P Retail index. By Stephen Culp.
Consumer stocks were rising late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund increasing 1.3% and the Consumer Discretionary Select Sector SPDR Fund climbing 2.2%. In sector news, retail sales rose less than expected in September as spending on motor vehicles turned negative, delayed data from the US Census Bureau showed Tuesday.
The U.S. dollar slid on Tuesday
as a series of mixed economic data, some of which was delayed and
therefore dated, reinforced expectations that the Federal Reserve will
cut interest rates next month.
Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund adding 1.2%. The Philadelphia Housing Index jumped 3.7%, and the Real Estate Select Sector SPDR Fund gained 1%. Bitcoin fell 1.3% to $87,115, and the yield for 10-year US Treasuries dropped 4 basis points to 4%. In economic news, the Conference Board's measu...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.5% and the Financial Select Sector SPDR Fund adding 1.3%. The Philadelphia Housing Index was climbing 4.2%, and the Real Estate Select Sector SPDR Fund was increasing 1%. Bitcoin was declining 1.3% to $87,115, and the yield for 10-year US Treasuries dropped 4 basis points to 4.00%. In corporate ...
Latin American stocks and currencies rose on Tuesday as hopes of a December interest rate cut by the Federal Reserve and a rebound in global risk appetite prompted traders to cautiously rebuild ...
US consumer confidence fell in November to its second-lowest level since April amid broad-based weakness, the Conference Board said Tuesday. The consumer confidence index dropped 6.8 points sequentially to 88.7 in November. "Consumer confidence tumbled in November to its second-lowest level since April after moving sideways for several months," Conference Board Chief Economist Dana Peterson said.
* Fed rate cut expectations rise after comments from Fed officials. * Alphabet nears $4 trillion market cap amid Meta chip talks. * U.S. retail sales fall short of expectations. By Chuck Mikolajczak.
The Conference Board's Consumer Confidence Index fell to a five-year low of 88.7 in November from a 95.5 reading in October due to declines in both the present situation and expectations readings. The Conference Board noted deterioration in the current and future readings for both employment and business conditions.
* Indexes up: Dow 1.23%, S&P 500 0.72%, Nasdaq 0.40% * Alphabet up after report on talks with Meta to supply AI chips. * Retail sales, producer prices, consumer confidence reports released. By Stephen Culp.
* PosiGen blamed federal cutbacks and new tariffs for its decline. * Lender Brookfield has moved to foreclose on company assets. By Dietrich Knauth. Solar power company PosiGen filed for bankruptcy in Texas late Monday, saying the Trump administration's cuts to tax credits and subsidies for solar power had starved the company of cash and sparked disputes with its lenders.
Symbotic (SYM) shares soared 35% amid heavy trading after the company reported higher fiscal Q4 revenue overnight. Craig-Hallum upgraded Symbotic's (SYM) shares to buy from hold while adjusting the price target to $70 from $51. More than 8.1 million shares of the company traded intraday compared with a daily average of about 2 million.
Gold traded higher midafternoon on Tuesday on rising hopes for December rate cut from the Federal Reserve while a delayed report on U.S. wholesale price inflation in September matched expectations. Gold for February delivery was last seen up US$48.30 to US$4,179.10 per ounce.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund adding 1.2%. The Philadelphia Housing Index was climbing 3.7%, and the Real Estate Select Sector SPDR Fund was increasing 0.9%. Bitcoin was declining 1.5% to $87,317, and the yield for 10-year US Treasuries was dropping 3 basis points to 4%. In econom...
Royal Caribbean Cruises Ltd (RCL) shares are trading higher Tuesday afternoon as record-breaking travel demand collides with renewed optimism for a Federal Reserve pivot. What To Know: New data confirms a historic holiday rush, with CNN reporting that 81.8 million Americans are projected to travel for Thanksgiving, up 1.6 million from last year and marking the busiest travel period in 15 years.
US equity indexes rose in midday trading on Tuesday as bets for a third consecutive interest-rate cut in December remained elevated following declines in consumer confidence and retail sales. The Dow Jones Industrial Average jumped 1.2% to 47,006.7, with the S&P 500 up 0.7% to 6,754.3 and the Nasdaq Composite climbed 0.5% to 22,977.1. All but three sectors, technology, energy, and utilities, rose.
Credit rating agency S&P Global on Tuesday placed sportswear company Under Armour's (UAA) ratings on watch for potential downgrades. In a Tuesday report accompanying its outlook change, S&P cited Under Armour's (UAA) continued restructuring challenges and persistent sales declines, including a 16% drop in footwear sales and 1% dip in apparel sales in the latest quarter.
Credit rating agency S&P Global on Tuesday placed sportswear company Under Armour's (UAA) ratings on watch for potential downgrades. In a Tuesday report accompanying its outlook change, S&P cited Under Armour's (UAA) continued restructuring challenges and persistent sales declines, including a 16% drop in footwear sales and 1% dip in apparel sales in the latest quarter.
Consumer stocks were rising Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund increasing 1.1% and the Consumer Discretionary Select Sector SPDR Fund climbing 2%. In sector news, retail sales rose less than expected in September as spending on motor vehicles turned negative, delayed data from the US Census Bureau showed Tuesday.
Retail sales rose less than expected in September as spending on motor vehicle turned negative, delayed data from the US Census Bureau showed Tuesday. Sales increased 0.2% sequentially in September, compared with the Bloomberg-compiled consensus for 0.4% growth. On an annual basis, retail sales grew 4.3% in September, marking a deceleration from a 5% jump the previous month.
The Federal Home Loan Bank of Indianapolis today announced it has awarded $34.1 million in affordable housing grants through its Affordable Housing Program. This year, FHLBank Indianapolis has awarded Affordable Housing Program grants to 43 housing projects, facilitating continued development of housing units that will be classified as affordable for low- to moderate-income households.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.3% and the Financial Select Sector SPDR Fund adding 1.2%. The Philadelphia Housing Index was climbing 3.8%, and the Real Estate Select Sector SPDR Fund was increasing 1.1%. Bitcoin was declining 0.7% to $87,685, and the yield for 10-year US Treasuries was dropping 5 basis points to 3.99%. In cor...
U.S. retail sales increased less than expected in September, suggesting consumer fatigue amid higher prices because of tariffs, though the moderation did not dampen economists' expectations for solid economic growth in the third quarter. The sales slowdown reported by the Commerce Department on Tuesday followed a long stretch of gains and marked a weak handoff to the fourth quarter.
The Bank for International Settlements, the umbrella body for central banks, on Tuesday named a new head of its Innovation Hub that oversees its influential work on digital currencies, artificial intelligence and other up-and-coming technologies.
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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