European bourses tracked moderately higher midday Wednesday as traders awaited the disclosure of a UK national budget plan from the Labor government, and mulled reports of possible Ukraine-Russia ceasefire. Tech, bank and oil stocks led gains on continental trading floors, while food shares lagged.
Wall Street futures pointed moderately higher pre-bell Wednesday, as traders again gravitated toward tech shares and mulled a likely rate cut by the Federal Reserve at the central bank's December policy meeting.
Pinnacle Financial Partners (PNFP) and Synovus Financial (SNV) said late Tuesday their planned merger received regulatory approval from the US Federal Reserve. Shareholders of both companies already approved the merger on Nov. 6 and the transaction is now expected to close on Jan. 1, 2026, the companies said.
Asian stock markets gained ground Wednesday, as the odds of a US Federal Reserve interest rate cut next month remained largely intact Tuesday following fresh economic data. Hong Kong and Tokyo finished in the green, though Shanghai edged lower. In Japan, the Nikkei 225 opened higher and rose to the close, finishing up 1.9% on a rally in tech shares.
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.
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.
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.
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.
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 ...
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.
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.
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.
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...
US producer prices turned positive in September, likely intensifying debate among Federal Reserve officials that seem divided over the central bank's next policy move. The producer price index rose 0.3% on a seasonally adjusted basis two months ago, rebounding from a 0.1% fall in August, the Bureau of Labor Statistics reported Tuesday.
American Airlines Group Inc (AAL) shares are trading higher Tuesday morning, lifted by historic travel demand and a favorable shift in monetary policy. What To Know: AAL's rally Tuesday is being driven in part by the dramatic surge in expectations for a December Federal Reserve rate cut. For American Airlines (AAL) specifically, a lower interest rate environment is a critical bullish differentiator.
Longer-dated Bunds made gains on Thursday while German gross domestic product data showed that private consumption contracted in Q3 after the Ifo business survey suggested minimal improvement in Q4 to contrast the message of the flash PMIs, said Daiwa Capital Markets.
The European stock markets closed higher in Tuesday trading as The Stoxx Europe rose 0.9%, Germany's DAX gained about 1%, the FTSE 100 was up 0.8%, France's CAC advanced 0.8%, and the Swiss Market Index increased 0.9%. The German economy was stagnant in Q3 as gross domestic product, adjusted for price, seasonal and calendar effects, recorded no growth from Q2, according to the Federal Statistic...
Carnival Corp (CCL) shares are trading higher Tuesday morning, lifted by a resurgence in bets that the Federal Reserve will slash interest rates in December. According to CNN, the FAA is anticipating more than 52,000 flights Tuesday alone.
The Dow Jones Industrial Average and the S&P 500 were up in late-morning trading Tuesday, while the Nasdaq Composite was down, as Wall Street hopes for another rate cut were boosted after two Federal Reserve officials advocated for further loosening of policy in recent days.
Nigeria's central bank Tuesday said its Monetary Policy Committee decided to keep the Monetary Policy Rate Unchanged at 27.0%. MT Newswires does not provide investment advice.
The Bank of Canada has already made substantial interest rate reductions over the past year and a half, slicing the overnight rate from 5.00% to 2.25%, said TD. The last 100bps came in the wake of President Donald Trump's trade war and are in the early stages of working their way through the economy, noted the bank.
After a lackluster growth of 0.1% month over month in July, Quebec's provincial economy performed similarly in August, said National Bank of Canada. This time, however, the increase was entirely attributable to the service sector, which grew by 0.1% month over month after a slight contraction in July, noted the bank.
BlackRock is set to add to its roster of inflation-protected ETFs with the iShares 0-1 Year TIPS Bond ETF (ICPI) , giving investors a chance to capture CPI-linked adjustments without the bruising rate sensitivity that hit longer-dated TIPS in recent years.
Canada will report gross domestic product for Q3 Friday, plus detailed figures for the month of September, and the preliminary estimate for October with no details, said Scotiabank. Q3 growth is likely to land around 0.5% quarter over quarter, seasonally adjusted annual rate on an expenditure-accounts basis that fully accounts for net trade and inventory effects, noted the bank.
The Reserve Bank of New Zealand is widely forecast to cut the OCR rate by 25bps to 2.25% at 8 p.m. ET on Tuesday. The shadow board supports the decision, wrote the bank in a note to clients. Market implied rates point to limited easing beyond November, stated SocGn.
Best Buy Co Inc? shares are trading higher after the company reported?third-quarter?2026 earnings. Sales?increased 2.4%?year over year to?$9.67 billion, beating the consensus of?$9.59 billion.
The Conference Board's measure of consumer confidence fell to 88.7 in November from 95.5 in October, a larger drop than a reading of 93.3 expected in a survey compiled by Bloomberg as of 7:35 am ET.
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