European Union leaders meet for one last push to secure a deal and fund Ukraine with frozen Russian cash, while the United States releases overdue labour market and retail sales data. Meanwhile, central banks in the euro area, Japan, Britain, Norway, and Sweden hold their last get-together of the year.
The Bank of Japan will likely maintain a pledge next week to keep raising interest rates, but stress the pace of further hikes will depend on how the economy reacts to each increase, said three sources familiar with its thinking.
Yields on benchmark Japanese government bonds rose on Friday as markets anticipated an interest rate hike by the central bank next week. The 10-year JGB yield rose 2.5 basis points to 1.95% on Friday, still down from an 18-year high of 1.97% touched on Monday.
* Euro and sterling rise as dollar weakens. * Fed's less hawkish stance drags dollar. * Markets diverge from policymakers on rate cuts for next year. By Ankur Banerjee.
* Silver hits record high at $64.31/oz on Thursday. * Weekly jobless claims at 4-1/2-year highs. * All metals headed for weekly gains. By Ishaan Arora. Gold prices held near a seven-week high on Friday, supported by expectations of more interest rate cuts next year after the U.S. Federal Reserve pushed back against hawkish market bets, while silver hovered just below Thursday's record peak.
T1 Energy Inc. (TE) today announced the pricing of its previously announced underwritten public offerings of $140.0 million aggregate principal amount of its 5.25% convertible senior notes due 2030 and 28,282,830 shares of its common stock at a public offering price of $4.95 per share.
The U.S. dollar rose against major currencies on Friday after falling in recent sessions, but was still on track for its third straight weekly drop amid the prospect of interest rate cuts by the Federal Reserve next year. Sterling also eased after data showed the UK economy unexpectedly shrank in the three months to October.
* Euro and sterling rise as dollar weakens. * Fed's less hawkish stance drags dollar. * Markets diverse from policymakers on rate cuts for next year. By Ankur Banerjee.
Yields on benchmark Japanese government bonds were poised for their first weekly decline in two months on Friday as markets anticipated an interest rate hike by the central bank next week. The 10-year JGB yield rose 0.5 basis point to 1.930% on Friday, but still down from an 18-year high of 1.97% touched on Monday.
Major stock indexes fell on Friday, with technology-related shares dropping again as investors were wary of artificial intelligence bets, while the dollar edged higher and U.S. Treasury yields jumped.
Federal Reserve Chair Jerome Powell admitted on Wednesday that there is still no "risk-free" path for the central bank as it seeks to bring down stubbornly high inflation while also supporting an increasingly creaky labor market.
Surgery Partners, Inc. (SGRY) today announced that its wholly-owned subsidiary, Surgery Center Holdings, Inc., priced $425.0 million aggregate principal amount of its 7.250% senior unsecured notes due 2032 in a previously announced private offering exempt from the registration requirements of the Securities Act of 1933, as amended.
Royal Bank of Canada (RY) has outperformed the market over the past 5 years by 1.95% on an annualized basis producing an average annual return of 15.22%. Currently, Royal Bank of Canada (RY) has a market capitalization of $236.57 billion. Buying $1000 In RY: If an investor had bought $1000 of RY stock 5 years ago, it would be worth $2,032.62 today based on a price of $167.75 for RY at the time of writing.
* Oracle shares fall after quarterly results; Nasdaq down as well. * Dollar down against euro, other currencies in wake of Fed news Wed. * Treasury yields also fall. * Broadcom (AVGO) shares weaker after the bell. By Caroline Valetkevitch.
DIRTT Environmental Solutions Thursday said it signed an agreement with the Business Development Bank of Canada under which the lender has agreed to lend the company up to C$15 million. If finalized, DIRTT would receive the funds in staged funding of $10 million and $5 million.
A subsidiary of the Depository Trust & Clearing Corporation has received a "no action" letter from the U.S. Securities and Exchange Commission to offer a service to tokenize stocks, exchange-traded funds and bonds, which the company plans to roll out next year.
WSFS Financial (WSFS) said late Thursday it closed a public offering of $200 million of 5.375% fixed-to-floating rate senior unsecured notes due 2035. From Dec. 15, 2030, the rate will reset quarterly at an annual floating rate equal to the three-month term secured overnight financing rate, plus 189 basis points, the company said.
PennyMac Mortgage Investment Trust (PMT) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 to certain investors in a direct placement registered under the Securities Act of 1933, as amended.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
"With its third straight rate cut, the Fed is sending a clear message: it's no longer just watching inflation ? it's managing risk," said Gina Bolvin, president of Bolvin Wealth Management Group.
All amounts in Canadian dollars unless otherwise stated VANCOUVER, BC / ACCESS Newswire / December 11, 2025 / RE Royalties Ltd (RROYF). is pleased to provide an update on the Company's near-term investment opportunities, current investments with existing clients, Series 1 Green Bonds, appointment of Alexa Blain to the Board of Directors, listing on the Frankfurt Stock Exchange, and dividend policy.
The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to their positions with the unanimous agreement of the U.S. central bank's Board of Governors, wrapping up an ordinarily routine process that had come under heightened scrutiny amid pressure from President Donald Trump and his administration.
WSFS Financial Corporation (WSFS), the parent company of WSFS Bank, today announced that it has completed the public offering of $200 million aggregate principal amount of its 5.375% Fixed-to-Floating Rate Senior Unsecured Notes due 2035.
The Toronto Stock Exchange set a second-straight record close Thursday, with investors buoyed by one set of economic data showing Canadian household balance sheets "remained resilient" in the third quarter and another showing a better than expected trade balance.
The U.S. dollar stumbled
on Thursday, hitting multi-month lows against the euro, Swiss franc,
and sterling and extending losses from the previous session, after the
Federal Reserve delivered a less ...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Pacific Life Insurance Company and Pacific Life & Annuity Company. The ratings reflect Pacific Life Group?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.
Arbor Realty Trust, Inc. (ABR) today announced that its subsidiary, Arbor Realty SR, Inc., has priced an offering of $400 million aggregate principal amount of 8.50% Senior Notes due 2028 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States to non-United States person...
The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to their positions with the unanimous agreement of the U.S. central bank's Board of Governors, wrapping up an ordinarily routine process that had come under heightened scrutiny amid pressure from President Donald Trump and his administration.
The U.S. Federal Reserve's Board of Governors on Thursday said the system's regional bank presidents had been reappointed to their positions with unanimous agreement of the seven board members. Their new five-year terms will begin on March 1, the Fed said in a statement.
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.7% and the State Street Financial Select Sector SPDR ETF adding 1.9%. The Philadelphia Housing Index increased 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was decreasing 0.7% to $91,369, and the yield for 10-year US Treasuries fell 2 basis points to 4...
The New York Federal Reserve's operations desk plans to conduct about $14.4 billion in reinvestment purchases and an additional approximately $40 billion in reserve management purchases between December 12 and January 14, it said in a schedule released on Thursday.
The New York Federal Reserve's operations desk plans to conduct about $14.4 billion in reinvestment purchases and an additional approximately $40 billion in reserve management purchases between December 12 and January 14, it said in a schedule released on Thursday.
The US trade deficit narrowed in September to its smallest since mid-2020 amid a stronger increase in exports than imports, delayed government data showed Thursday. The goods and services deficit reduced about 11% sequentially to $52.83 billion in September on a seasonally adjusted basis, the Census Bureau and the Bureau of Economic Analysis said.
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.7% and the State Street Financial Select Sector SPDR ETF adding 1.9%. The Philadelphia Housing Index increased 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was decreasing 0.7% to $91,369, and the yield for 10-year US Treasuries fell 2 basis points to 4...
Bitcoin has rebounded above $91,000, one day after the Federal Reserve delivered the expected 25 basis points cut. Notable Statistics: Notable Developments: Trader Notes: Michael van de Poppe highlighted that both the Nasdaq and Bitcoin dipped post-FOMC to flush out late long positions.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Great American Insurance Company and its pooling affiliates, collectively referred to as Great American Insurance Companies. At the same time, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of ?aa-? of the property/casualty members of the Great American Contemporary Pool.
* Jobless claims rise, volatility attributed to seasonal factors. * 10-yr yield on track for biggest two-day drop in two months. * Markets pricing in 24.4% chance of January Fed cut. By Chuck Mikolajczak.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Assicurazioni Generali S.p.A. and its main rated subsidiaries. The ratings reflect Generali?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, very favourable business profile and appropriate enterprise risk management.
Latin American assets climbed on Thursday, with regional
currencies on track for their strongest session in eight months
as the dollar weakened following an interest rate cut by the
U.S. Federal ...
Initial jobless claims increased by 44,000 to 236,000 in the week ended Dec. 6, lifting the four-week moving average by 2,000 to 216,750. Insured claims fell by 99,000 to 1.838 million in the week ended Nov. 29.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of General de Salud, Compa??a de Seguros, S.A.. The outlook of these Credit Ratings is negative.
As more states weigh legislative action to decouple from the provisions of One Big Beautiful Bill Act, Treasury Secretary Scott Bessent launches an outreach mission to counter what he calls, a "blatant act of political obstructionism," that will lead to higher state taxes.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of General de Seguros, S.A.. The outlook of these Credit Ratings is stable.
Gold traded sharply higher midafternoon on Thursday as the dollar and treasury yields weakened after the Federal Reserve, as expected, cut U.S. interest rates by 25 basis points a day earlier.
* FOMC announced 25-basis points rate cut on Wednesday. * November non-farm payrolls due on December 16. * Silver hits record high at $64.31/oz. By Sarah Qureshi. Gold rose on Thursday to hit its highest level in more than a month after the U.S. Federal Reserve's quarter-point rate cut pushed the dollar lower, while silver surged to a record high.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.7%. The Philadelphia Housing Index increased 0.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was falling 2% to $90,423, and the yield for 10-year US Treasuries dropped 4.4 basis points to 4.12%....
President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline Leavitt told reporters on Thursday. "I know there was a quarter-point reduction this past week, and the president was pleased to see that, but he thinks more should be done," Leavitt said.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.7%. The Philadelphia Housing Index increased 0.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was falling 2% to $90,423, and the yield for 10-year US Treasuries dropped 4.4 basis points to 4.12%....
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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