Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index dropping 2.1% and the State Street Financial Select Sector SPDR ETF falling 2.2%. The Philadelphia Housing Index was shedding 2.3%, and the State Street Real Estate Select Sector SPDR ETF was down 1.8%. Bitcoin dropped 3.9% to $89,505, and the yield for 10-year US Treasuries jumped 5.8 basis points to n...
US equity indexes dropped ahead of Tuesday's close as concerns over a potential trade war with Europe intensified a surge in long-dated Treasury yields following a sell-off in Japanese government bonds. The Nasdaq Composite plunged 2.5% to 22,936.1, with the S&P 500 diving 2.1% to 6,794.5 and the Dow Jones Industrial Average 1.7% lower at 48,487.3. All but one sector, energy, declined.
U.S. democratic senators Elizabeth Warren ?and ?Dick Durbin are ?demanding ?that ?President Donald Trump's ?administration ?turn over records related ?to ?the ?Justice Department's criminal probe of ?Federal Reserve Chair Jerome Powell, the ?Wall ?Street Journal reported ?on Tuesday. Reuters could not immediately verify ?the report.
Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index dropping 2.1% and the State Street Financial Select Sector SPDR ETF falling 2.2%. The Philadelphia Housing Index was shedding 2.3%, and the State Street Real Estate Select Sector SPDR ETF was down 1.8%. Bitcoin dropped 3.9% to $89,505, and the yield for 10-year US Treasuries jumped 5.8 basis points to n...
Indiana looks to entice the National Football League's Chicago Bears to move to northwest Indiana by offering state-backed bonds to fund a new stadium.
* US 10-year yield hits highest since late August. * US 30-year yields rise to highest since early September. * US 2/10 yield curve hits widest on two weeks. * US rate futures price in less than two cuts in 2026. By Gertrude Chavez-Dreyfuss.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
"I was disappointed that it didn't go further," said Peg Henry, who launched a municipal securities legal consulting and expert witness services business last year.
Argentina posted a $11.29 ?billion trade ?surplus in ?2025, the ?government's statistics ?office said ?on Tuesday. The ?trade surplus for ?December ?came ?in at $1.89 billion, landing above the $1.4 ?billion surplus forecast by analysts polled by ?Reuters. Exports ?in December reached $7.45 billion, ?while imports totaled $5.56 billion in the month.
Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index dropping 1.7% and the State Street Financial Select Sector SPDR ETF falling 2.3%. The Philadelphia Housing Index was shedding 1.9%, and the State Street Real Estate Select Sector SPDR ETF was down 1.9%. Bitcoin dropped 3.4% to $89,492, and the yield for 10-year US Treasuries climbed 5.2 basis points to 4.28%...
US equity indexes fell midday Tuesday amid a surge in long-dated Treasury yields as concern mounted that a trade war with Europe over Greenland would undermine the US economy, and after a sell-off in Japanese government bonds.
NEW YORK, Jan. 20, 2026 Attorneys from global law firm Greenberg Traurig, LLP served as legal advisers on two award-winning deals in Global Banking and Markets' GBM Awards: Latin America & Caribbean 2026 ? the Financial Institutions Syndicated Loan Deal of the Year and the Debut Sovereign, Supra & Agency Bond Deal of the Year.
Financial stocks were lower in Tuesday afternoon trading, with the NYSE Financial Index dropping 1.5% and the State Street Financial Select Sector SPDR ETF falling 1.6%. The Philadelphia Housing Index was shedding 1.7%, and the State Street Real Estate Select Sector SPDR ETF was down 1.6%. Bitcoin dropped 3.1% to $89,730, and the yield for 10-year US Treasuries rose 4.4 basis points to 4.28%. I...
U.S. Commerce Secretary Howard Lutnick said on Tuesday he expected first quarter GDP growth in the United States would exceed 5% in the first quarter of 2026, adding that its interest rates were too high and were holding back ?stronger growth.
U.S. Commerce Secretary Howard Lutnick said on Tuesday he expected first quarter GDP growth in the United States would exceed 5% in the first quarter of 2026, adding that ?its interest rates were too high and were holding back stronger growth.
The Bank of Canada released the Q4 business outlook and the consumer expectations surveys on Monday, said National Bank of Canada. These reports will have no impact on the coming BoC decision as the BoC has already firmly established itself on the sidelines, noted the bank. However, some of the trends in these reports bear monitoring, stated National Bank.
European stock markets closed lower in Tuesday trading as the Stoxx Europe dropped 0.70%, Germany's DAX was down 1.03%, the FTSE 100 fell 0.67%, France's CAC lost 0.61%, and the Swiss Market Index declined 0.81%. In the UK, the unemployment rate for the three months from September through November was 5.1%, which was up from 4.4% during the same period the previous year, according to the Office...
The Canadian consumer price index data for December released on Monday showed a 0.2% month-over-month drop on a non-seasonally adjusted basis, which was a tad disappointing when benchmarked against the 0.3% consensus forecast slip, said Rosenberg Research.
Canada's underlying inflation measures are likely to moderate further in the first half of this year and approach 2.0%, said David Doyle, head of economics at Macquarie Group. Despite the recent fall in unemployment, the output gap remains sizeable, noted Doyle.
* US 10-year yield hits highest since late August. * US 30-year yields rise to highest since early September. * US 2/10 yield curve hits widest on two weeks. * US rate futures price in less than two cuts in 2026. By Gertrude Chavez-Dreyfuss, Tom Westbrook and Alun John.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
The Bank of Canada's Q4 Business Outlook Survey revealed on Monday a lingering soft underbelly to the local economy, said Rosenberg Research. The headline diffusion index may have been "less negative," at -1.78 in Q4 from -2.27 in Q3, but it has consistently been in contraction territory since Q1 2023, noted Rosenberg Research.
Citigroup CEO Jane Fraser said on Tuesday she does not expect Congress to ?approve caps on credit card interest ?rates as suggested by president ?Donald Trump. "The president is ?right in ?focusing on affordability", Fraser said during an ?interview to ?CNBC from Davos.
In the battle over President Donald Trump's effort to fire Federal Reserve Governor Lisa Cook that is set to go before the U.S. Supreme Court on Wednesday, the justices may focus on the president's use of social media to carry out this unprecedented action.
SARATOGA SPRINGS, N.Y., Jan. 20, 2026 Taligence, an executive search firm specializing in senior marketing hires, has partnered once again with Aspen Technology Labs, a global leader in labor market intelligence, to release the 2025 U.S. Marketing Jobs Report.
Advised by Walker & Dunlop, Greenbrook Partners obtained the loan to refinance a multifamily and mixed-use portfolio located in prime New York City locations. NEW YORK, Jan. 20, 2026 /PRNewswire/ -- This refinancing is a culmination of Greenbrook's endeavor to create a high-quality multifamily portfolio with best-in-class operations.
SEOUL, South Korea, Jan. 20, 2026 Lunit, a leading provider of AI for cancer diagnostics and precision oncology, will participate in the World Economic Forum Annual Meeting 2026 in Davos, Switzerland, as an Associate Partner.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $32 million offering from Avalon, N.J., records a Flood Score of 5.0 out of 5.0, ICE reports.
ROSELAND, N.J., Jan. 20, 2026 For the four weeks ending December 27, 2025, U.S. private employers added an average of 8,000 jobs per week, according to the?NER Pulse, a weekly update of the monthly ADP National Employment Report?.?. The last week of 2025 showed a modest slowdown in hiring. The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average.
* Trump steps up push to take control of Greenland. * Market reaction less severe than after "Liberation Day" tariffs, Amundi says. * US Treasury yields spike, curve steepens. By Elizabeth Howcroft.
U.S. homebuilder D.R. Horton (DHI) posted first-quarter profit and revenue above Wall Street's estimates on Tuesday, as its incentive offers for buyers and the Federal Reserve's interest-rate cuts boosted home sales.
The US dollar fell against its major trading partners early Tuesday after the government holiday Monday, with data the focus this week as Federal Open Market Committee officials are in their 'quiet period' ahead of their next meeting Jan. 27-28. Tuesday's schedule includes the Philadelphia Federal Reserve's nonmanufacturing reading for January at 8:30 am ET.
U.S. Treasury Secretary Scott Bessent said on Tuesday he believed it would be a mistake for ?Federal Reserve Chair Jerome Powell ?to attend Supreme Court arguments in a ?case about President ?Donald Trump's ?attempt to fire a Fed governor. The Supreme ?Court justices on ?Wednesday will consider the legality of Trump's bid to ?remove Fed Governor ?Lisa ?Cook.
Bitcoin is down 2% over the past 24 hours as rising U.S. Treasury yields put pressure on risk assets; liquidations stand at $361.56 million over the past 24 hours. ??. Bitcoin ETFs saw $394.7 million in net outflows on Friday, while Ethereum ETFs reported $4.64 million in net inflows. The total meme coin market capitalization extended declines, with a 3.9% drop to $44.7 billion.
* Vice Premier He leading Chinese delegation at Davos. * China's record trade surplus risks protectionist backlash. * China presents itself as reliable trade partner amid US tariff policies.
U.S. regional bank Fifth Third Bancorp (FITB) on Tuesday reported a rise in fourth-quarter profit, helped by higher interest income as loan demand picked up. Stable economic growth, a string of Federal Reserve ?rate cuts and easing concerns over the impact of tariffs have lifted sentiment ?across the U.S. economy, prompting households and businesses to step ?up borrowing.
U.S. regional bank Fifth Third
Bancorp (FITB) on Tuesday reported a rise in fourth-quarter profit, helped by higher interest income as loan demand picked up. Stable economic growth, a string of Federal Reserve ?rate cuts and easing concerns over the impact of tariffs have lifted sentiment across ?the U.S. economy, prompting households and businesses to step up ?borrowing.
The International Monetary Fund raised its global economic growth expectations for 2026 as increasing investments in artificial intelligence technology help offset headwinds from trade volatility. The agency said Monday it now projects real gross domestic product for the world to grow by 3.3% this year, up 0.2 percentage point from its prior forecast in October.
U.S. President Donald Trump may decide on who the next chairman of the U.S. Federal Reserve will be as ?early as next week, U.S. Treasury Secretary Scott ?Bessent said on Tuesday. "My guess is that ?the president will reach a ?decision, maybe ?as soon as next week. "We've run a process that started ?in September.
?Industrial giant 3M (MMM) posted ?an increase in fourth-quarter adjusted ?profit on Tuesday, ?as cost cuts ?and price hikes drove ?an improvement ?in profit margins. Cost cuts and the introduction ?of ?new ?products under CEO Bill Brown have helped 3M (MMM) shore ?up margins, cushioning the company from weak consumer demand against a prolonged inflationary backdrop.
President Donald Trump may reach ?a decision ?on the ?next chairman ?of ?the U.S. Federal Reserve ?as ?early as next week, ?U.S. ?Treasury ?Secretary Scott Bessent said on Tuesday. "We ?are now down to four candidates" ?and ?Trump has talked ?to all of them, Bessent said in a CNBC ?interview.
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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