The yen strengthened on Monday in light holiday trading, on track for its fifth gain in six sessions as markets weighed the timing of additional interest rate hikes in Japan and the chances of intervention.
The yen recovered some ground on Monday following a steep drop at the end of last week as markets weighed the timing of more interest rate hikes in Japan and the possibility of intervention in thin end-of-year trading. Bank of Japan policymakers debated the need to ?continue raising rates, a summary of opinions at their policy meeting in December showed on Monday.
* BOJ report shows many board members saw need for rate hikes. * Trump optimistic about Ukraine peace talks with Zelenskiy. * Fed minutes in focus on light-data week. By Rocky Swift.
Qatar's economy grew ?by 2.9% year-on-year ?in the ?third quarter ?of ?the year, ?Qatari ?state news agency reported ?on ?Sunday, ?citing the country's National Planning Council. The ?council said the growth was ?mainly ?driven by a ?growth in non-hydrocarbon activities.
Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index dropping 0.2% and the State Street Financial Select Sector SPDR ETF declining 0.3%. The Philadelphia Housing Index eased 0.3%, and the State Street Real Estate Select Sector SPDR rose 0.1%. Bitcoin fell 0.1% to $87,703, and the yield for 10-year US Treasuries was little changed at 4.14%. In corporate news, a Co...
Financial stocks fell in Friday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each dropping 0.4%. The Philadelphia Housing Index lost 0.5%, and the State Street Real Estate Select Sector SPDR eased 0.2%. Bitcoin fell 1.1% to $87,251, and the yield for 10-year US Treasuries was little changed at 4.14%. In corporate news, JPMorgan Chase (JPM) froz...
Financial stocks fell in Friday afternoon trading with the NYSE Financial Index dropping 0.3% and the State Street Financial Select Sector SPDR ETF declining 0.4%. The Philadelphia Housing Index lost 0.4%, and the State Street Real Estate Select Sector SPDR eased 0.2%. Bitcoin rose 0.1% to $87,317, and the yield for 10-year US Treasuries was little changed at 4.14%. In corporate news, JPMorgan (JPM) ...
An election year for Congress adds a deadline clock to questions about budget reconciliation, tax policy, and politics while bond issuers ponder challenges and opportunities.
BERLIN, MD / ACCESS Newswire / December 26, 2025 / Calvin B. Taylor Bankshares, Inc. (TYCB), the holding company of Calvin B. Taylor Bank, today reported net income for the third quarter 2025 of $4.2 million, or $1.53 per share compared to net income of $3.9 million, or $1.42 per share for the second quarter of 2025, and net income of $3.7 million, or $1.37 per share for the third quarter of 2024.
China Vanke's bondholders approved a proposal by the state-backed developer to extend the grace period for a 3.7 billion yuan bond repayment, but rejected delaying the repayment by a year, a filing showed on Friday.
Outstanding loans in Brazil slowed over 12 months at a pace broadly in line with the central ?bank's annual expectations, official data showed on Friday, as ?a cooling economy and persistently high borrowing costs ?weigh on credit demand. * Bank lending ?rose 0.9% ?in November from the previous month to 7 trillion reais, slowing annual growth to ?9.5% from 10.2% in October.
Russia's central bank said on Friday that it will halve its own forex interventions from the new year in an expected move that will take away some support for the rouble in ?2026, with economists expecting the rouble to weaken.
Silver breached the $77 mark for the first time on Friday, while gold and platinum hit record highs, buoyed by expectations of U.S. Federal Reserve rate cuts and geopolitical tensions that fueled safe-haven demand.
Russia's central bank ?said on Friday ?that in ?the ?first ?half of 2026 ?it ?will sell foreign currency ?worth ?4.62 ?billion roubles a ?day, in addition to separate interventions it ?conducts ?on the ?Finance ministry's behalf.
* Takaichi's cabinet approves draft $783 billion budget. * Finance minister says budget seeks fiscal discipline. * Tokyo December core CPI up 2.3% yr/yr, above BOJ target. By Leika Kihara and Makiko Yamazaki.
Major U.S. stock indexes closed near record peaks on Friday, little changed from the start of a muted post-Christmas trading session, while expectations of Federal Reserve interest rate cuts and safe haven appeal pushed precious metals prices to all-time highs.
* Tokyo December core CPI up 2.3% yr/yr vs forecast +2.5% * Index excluding fresh food, fuel rises 2.6% yr/yr in December. * 23. By Leika Kihara. TOKYO, Dec 26 - Core consumer inflation in Japan's capital slowed in December on moderating cost pressure for food but ?stayed above the central bank's 2% target, data showed on Friday, firming the case for further interest rate hikes.
Japan's factory output fell 2.6% ?in November ?from the ?previous month, ?slightly ?worse than the ?median market ?forecast for a ?2.0% ?drop, ?government data showed on Friday.
* Tokyo December core CPI up 2.3% yr/yr vs forecast +2.5% * Index excluding fresh food, fuel rises 2.6% yr/yr in December. * BOJ next meets for policy meeting January 22-23. By Leika Kihara.
"A stagnant yield curve is resulting from supply having wound down and munis drawing steadiness from a likewise calm UST market," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
Financial stocks were advancing in recent Wednesday trading, with the NYSE Financial Index up 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.7%. The Philadelphia Housing Index rose 0.9%, and the State Street Real Estate Select Sector SPDR ETF fell 0.6%. Bitcoin was shedding 0.1% to $87,358, and the yield for 10-year US Treasuries decreased 3 basis points to 4.14%. In econom...
The municipal advisor area "remains a heavy focus of both the commission's Division of Examinations as well as the Division of Enforcement," Andrew Kintzinger, counsel at Hunton Andrews Kurth, said.
US equity indexes rose ahead of the close on Wednesday amid better-than-expected jobless claims data, as markets prepare for an early close. The Nasdaq Composite climbed 0.2% to 23,609.6, with the S&P 500 up 0.3% to 6,932.8 and the Dow Jones Industrial Average 0.5% higher at 48,715.1. Consumer staples and real estate were among the top gainers.
* Japanese Finance Minister warns of possible yen intervention. * Fed balancing job market risks with inflation concerns. * U.S. jobless claims fall, but unemployment rate remains high. By Karen Brettell.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.18%. ?The average 30-year fixed-rate mortgage decreased further this week,? said Sam Khater, Freddie Mac?s Chief Economist.
All three major US stock indexes were edging higher in late-morning trading on Wednesday after initial jobless claims beat analyst expectations, as markets gear up for an early close before Thursday's holiday.
Financial stocks were advancing in recent Wednesday trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.5%. The Philadelphia Housing Index rose 0.9%, and the State Street Real Estate Select Sector SPDR ETF increased 0.7%. Bitcoin was shedding 0.4% to $87,062, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.15%. In...
* Intel (INTC) falls after report Nvidia stopped testing 18A chipmaking tech. * Nike (NKE) up after Apple CEO buys $3 million shares. * Three main indexes set for third straight yearly gains. * Indexes: Dow up 0.35%, S&P 500 up 0.15%, Nasdaq flat. By Sruthi Shankar and Shashwat Chauhan.
The S&P 500 index hit an intraday record high on Wednesday, its first in over a month, as investors returned to AI stocks and bet the Federal Reserve ?will cut rates again next year.
The S&P 500 index hit an intraday record high on Wednesday, its first in over a month, as investors returned to AI stocks and bet the Federal ?Reserve will cut rates again next year.
Weekly applications for unemployment insurance unexpectedly declined, while continuing claims advanced, US government data showed Wednesday. For the week through Dec. 20, the seasonally adjusted number of initial claims fell by 10,000 to 214,000, the Department of Labor said. The four-week moving average totaled 216,750, decreasing by 750 from the prior week's unrevised average of 217,500.
* Weekly jobless claims fall for second straight week. * Continued claims increase in period covering payrolls report survey. * Data is emblematic of 'no hire, no fire' job market. By Lucia Mutikani.
* Intel (INTC) falls after report Nvidia stopped testing 18A chipmaking tech. * Nike (NKE) up after Apple CEO buys $3 million shares. * Three main indexes set for third straight yearly gains. * Indexes: Dow up 0.08%, S&P 500 up 0.01%, Nasdaq down 0.12% By Sruthi Shankar and Shashwat Chauhan.
* Intel (INTC) falls after report Nvidia stopped testing 18A chipmaking tech. * Nike (NKE) up after Apple CEO buys $3 million shares. * Three main indexes set for third straight yearly gains. * U.S. stock index futures flat. By Sruthi Shankar and Shashwat Chauhan.
Traders continued to maintain caution during the holiday season as US equity futures stayed in a holding pattern during Wednesday's premarket while a better than expected jobs report could cheer the spirits of investors. Dow Jones equity futures inched down 0.1 %, Nasdaq declined 0.1 %, and S&P 500 futures were 0.1% lower.
Initial jobless claims decreased by 10,000 to 214,000 in the week ended Dec. 20, lowering the four-week moving average by 750 to 216,750. Insured claims rose by 38,000 to 1,923,000 in the employment survey week ended Dec. 13. The Mortgage Bankers Association reported a 5% drop in mortgage applications in the week ended Dec. 19 after a 3.8% decline in the previous week.
The number of Americans filing new applications for jobless benefits unexpectedly fell last week, consistent with a low level of layoffs, but the unemployment rate likely remained high in December amid sluggish hiring.
TEL AVIV, Israel, Dec. 24, 2025 -- Teva Pharmaceutical Industries Ltd. (TEVA) today announced that S&P Global Ratings has upgraded Teva?s long-term issuer credit rating to ?BB+? from ?BB?, with a stable outlook, and that Moody's Ratings Agency affirmed Teva's B1a rating and revised Teva's outlook to positive from stable.
US initial jobless claims fell to a level of 214,000 in the week ended Dec. 20 from an unrevised 224,000 level in the previous week, compared with expectations for no change in survey of analysts compiled by Bloomberg. The four-week moving average fell by 750 to 216,750 after rising by 500 to a level of 217,500 in the previous week.
The number of Americans filing new applications for jobless benefits unexpectedly fell last week, but the unemployment rate likely remained high in December amid sluggish hiring. Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 214,000 ?for the week ended December 20, the Labor Department said on Wednesday.
US equity futures mostly stayed in a holding pattern during Wednesday's premarket ahead of a shortened Christmas Eve trading day and the weekly jobs report scheduled to be released before the opening bell. Dow Jones equity futures inched down 0.1%, Nasdaq declined 0.1 %, and S&P 500 futures were 0.1% lower. Thin trading volume continued ahead of the Christmas Day market closure tomorrow.
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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