US industrial production rebounded more than expected in November, driven by mining, while manufacturing output held steady month over month, delayed data from the Federal Reserve showed Tuesday. Industrial output rose 0.2% last month. The latest report included estimates for October that showed a 0.1% drop.
The U.S. economy just delivered a blockbuster third quarter, but traders are already betting that the pace will start to cool sharply. Prediction markets reacted quickly after the stronger-than-expected growth data, raising wagers on slower growth in the fourth quarter and potentially into 2026 despite the headline surprise.
The Kansas City Chiefs will leave Missouri for Kansas, where sales tax and revenue bonds will help finance a $3 billion domed stadium expected to open in 2031.
Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.4%. The Philadelphia Housing Index shed 0.7%, and the State Street Real Estate Select Sector SPDR ETF decreased 0.3%. Bitcoin was declining 2% to $87,674, and the yield for 10-year US Treasuries was slightly higher at 4.17%. In economic new...
US equity indexes rose in midday trading on Tuesday amid mixed macroeconomic data. The Nasdaq Composite climbed 0.4% to 23,510.3, with the S&P 500 up 0.4% to 6,902.8 and the Dow Jones Industrial Average 0.2% higher at 48,476.1. Energy was among the top gainers, while real estate and consumer staples led the decliners.
US consumer confidence fell for a fifth straight month in December as views on current business conditions turned negative for the first time since September 2024, the Conference Board said Tuesday. The consumer confidence index dipped 3.8 points sequentially to 89.1 this month.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.3%. The Philadelphia Housing Index shed 0.7%, and the State Street Real Estate Select Sector SPDR ETF decreased 0.3%. Bitcoin was declining 2% to $87,674, and the yield for 10-year US Treasuries was slightly higher at 4.17%. In corporate...
The Conference Board's Consumer Confidence Index fell to 89.1 in December from a 92.9 reading in November due to a sharp drop in the present situation and no change in the expectations index.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 100 points on Tuesday. The Dow traded up 0.22% to 48,469.41 while the NASDAQ rose 0.40% to 23,521.69. The S&P 500 also rose, gaining, 0.34% to 6,901.90. Check This Out: Meta Platforms To $815? Leading and Lagging SectorsCommunication services shares rose by 0.5% on Tuesday.
European stock markets closed mostly higher in Tuesday trading as the Stoxx Europe 600 rose 0.34%, Germany's DAX gained 0.23%, the FTSE 100 increased 0.24%, the Swiss Market Index was up 0.60%, while France's CAC was off 0.21%. In Spain, annual GDP expanded 2.8%, while quarterly GDP grew 0.6% in Q3, according to the Spanish Statistical Institute.
All three major US stock indexes were up in late-morning trading Tuesday after delayed GDP data came in significantly above expectations. US economic growth, measured by gross domestic product, rose by 4.3% in Q3 after a 3.8% increase in the previous quarter, faster than the 3.3% gain expected in a survey compiled by Bloomberg.
Demand for US durable goods declined more than expected in October, weighed down by double-digit drops in the civilian and defense aircraft segments, delayed official data showed Tuesday. Orders for tangible items with an average life of at least three years decreased by 2.2% sequentially to about $307.38 billion two months ago, the Census Bureau said.
Concerned that a CBDC will drain funds from traditional banks, regulators are considering caps on how much digital euro citizens can hold to ensure it's purely for payments.
The U.S. economy's 4.3% third-quarter growth ignited a political victory lap and a fierce economist debate, as President Donald Trump celebrated. Trump took to social media minutes after the GDP release, framing the report as a sweeping validation of his economic agenda. "Q3 GDP came in at 4.3%, blowing past expectations," Trump said.
The US economy grew at the fastest pace in two years in the third quarter amid robust consumer spending, likely allowing the Federal Reserve to keep interest rates unchanged at next month. Real gross domestic product in the world's largest economy rose at an annual rate of 4.3% in the September quarter, according to an initial estimate released Tuesday by the Bureau of Economic Analysis.
Unless there is a massive selloff in the next two weeks, there will not be a major spike in market participants using tax-loss harvesting through year-end, said Ben Barber, director of municipal bonds at Franklin Templeton.
The Conference Board's measure of consumer confidence fell to 89.1 in December from 92.9 in November, below a reading of 91.0 expected in a survey compiled by Bloomberg. The present situation reading fell sharply to 116.8 from 126.3, while the expectations reading remained at 70.7. The current assessment of both employment and business conditions both deteriorated in December.
As with Andrew Grantham over at CIBC, Royce Mendes at Desjardins too has noted Canada's economy posted a "material contraction" in October, with early data for November pointing to "only a partial rebound". Mendes noted Statistics Canada's advance estimate of economic activity points to just 0.1% growth in November. He added: "This soft patch in economic data isn't surprising to us.
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.2% on Tuesday. Following the market opening Tuesday, the Dow traded down 0.01% to 48,357.98 while the NASDAQ jumped 0.19% to 23,473.74. The S&P 500 also rose, gaining, 0.15% to 6,888.53. Check This Out: Meta Platforms To $815? Leading and Lagging SectorsCommunication services shares rose by 0.9% on Tuesday.
Traders played it safe pre-bell Tuesday ahead of delayed economic indicators on the US GDP and durable goods, with US equity futures staying in a holding pattern. In the premarket, Dow Jones, Nasdaq, and S&P 500 futures were all down around 0.2% in subdued trading activity during Christmas week.
The Canadian economy was "starting to struggle again" in October, and the picture only looked marginally better the following month, according to Andrew Grantham at CIBC. Grantham on Tuesday noted October GDP posted a 0.3% decline in October, which was in line with the consensus forecast and advance estimate.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.02% and the actively traded Invesco QQQ Trust was 0.1% lower in Tuesday's premarket activity, amid economic data releases. US stock futures were also lower, with S&P 500 Index futures down 0.04%, Dow Jones Industrial Average futures slipping 0.07%, and Nasdaq futures retreating 0.05% before the start of regular trading.
US economic growth, measured by gross domestic product, rose by 4.3% in Q3 after a 3.8% increase in the previous quarter, faster than the 3.3% gain expected in a survey compiled by Bloomberg. Personal consumption expenditures increased by 3.5% after a 2.5% gain, above a 2.7% increase expected.
Canada's real gross domestic product decreased 0.3% in October, offsetting a 0.2% increase in September, driven by contractions in goods-producing and services-producing industries, Statistics Canada said Tuesday. This was in line with the StatsCan Flash Estimate for 0.3%, while Bank of Montreal had forecast a drop of 0.2%. The 0.3% represents the steepest monthly drop since December 2022.
Canada's real gross domestic product decreased 0.3% in October, offsetting a 0.2% increase in September, driven by contractions in goods-producing and services-producing industries, Statistics Canada said Tuesday. This was in line with the StatsCan Flash Estimate for 0.3%, while Bank of Montreal had forecast a drop of 0.2% Overall, 11 of 20 industrial sectors contracted in October, StatsCan said.
Editor?s Note: This story has been updated to include additional U.S. economic data for the third quarter of 2025. The U.S. economy continued to show an exceptional resilience in the third quarter. Gross domestic product expanded at an annualized 4.3% rate in the July-to-September period, according to the initial estimate released Tuesday by the Bureau of Economic Analysis.
US equity futures were treading water before the opening bell on Tuesday as investors awaited delayed Q3 economic data that could impact markets. In premarket trading, Dow Jones futures, Nasdaq futures, and S&P 500 futures were all flat to slightly lower. Trading activity was subdued ahead of a shortened trading day on Wednesday and market closure on Christmas.
The US dollar fell against its major trading partners early Tuesday ahead of a busy release day that includes advance GDP data for Q3, durable goods orders data for October and the Philadelphia Federal Reserve's nonmanufacturing index reading for December, all at 8:30 am ET.
The Canadian economy likely contracted in October, following modest growth in September, says Benjamin Reitzes in a BMO morning note Tuesday. Reitzes notes that manufacturing activity has slipped, as tariffs weigh, with the sector contracting for most of the past two years now.
Wall Street futures were muted hours before Tuesday's opening bell, as investors await the release of key economic data. In the futures, the S&P 500 was 0.03% higher, the Nasdaq was up 0.1%, and the Dow Jones was inactive. Asian bourses closed Tuesday in the green, while European markets were mixed intraday.
Freddie Mac today posted to its website its Monthly Volume Summary for November 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.
Following the September/October rally, munis have been relatively steady in November and December, with direction and magnitude of rate change in the UST market driving underperformance or outperformance, said J.P. Morgan strategists led by Peter DeGroot.
Financial stocks were higher in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 1%. The Philadelphia Housing Index was shedding 0.4%, and the State Street Real Estate Select Sector SPDR ETF increased 0.7%. Bitcoin was shedding 0.6% to $88,123, and the yield for 10-year US Treasuries rose 2 basis points to 4.17%. In e...
Financial stocks were higher in late Monday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 1%. The Philadelphia Housing Index was shedding 0.4%, and the State Street Real Estate Select Sector SPDR ETF increased 0.7%. Bitcoin was shedding 0.6% to $88,123, and the yield for 10-year US Treasuries rose 2 basis points to 4.17%. In c...
U.S. electricity consumption has shifted from limited to rising growth due to the proliferation of data centers, which poses challenges for public power.
Financial stocks were higher in Monday afternoon trading, with the NYSE Financial Index rising 1.1% and the State Street Financial Select Sector SPDR ETF up 1%. The Philadelphia Housing Index was shedding 0.3%, and the State Street Real Estate Select Sector SPDR ETF increased 0.7%. Bitcoin was increasing 0.8% to $89,349, and the yield for 10-year US Treasuries was rising 2 basis points to 4.17%...
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 1.1% and the State Street Financial Select Sector SPDR ETF up 1%. The Philadelphia Housing Index was shedding 0.3%, and the State Street Real Estate Select Sector SPDR ETF increased 0.7%. Bitcoin was increasing 0.8% to $89,349, and the yield for 10-year US Treasuries was rising 2 basis points to 4....
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