State-level data released by the Bureau of Labor Statistics Tuesday showed the unemployment rate rose in six states in December and held steady elsewhere. The largest unemployment rate increases were in Delaware, where it rose by 0.3 percentage point, and Illinois, where it rose by 0.2 percentage point. The national unemployment rate was reported at 4.4% in December, down from 4.5% in November.
US equity futures were mixed ahead of Tuesday's opening bell as traders digested key earnings and the Federal Reserve prepared to begin its two-day policy meeting. Dow Jones Industrial Average futures were 0.7% lower, while S&P 500 futures were up 0.3%, and Nasdaq futures were 0.4% higher.
The S&P Cotality Case-Shiller National Home Price index fell by 0.1% in November before seasonal adjustment following a 0.1% decrease in October. National home prices were up 1.4% year-over-year, same as in October, suggesting a "tepid" period of growth according to S&P. The 10-city index rose by 0.1% in the month, while the 20-city index was flat.
The FHFA's measure of home prices rose by 0.6% in November after an unrevised 0.4% increase in the previous month, above the 0.3% gain expected in a survey compiled by Bloomberg. Prices rose in eight of the nine regions of the country, with no change in the Middle Atlantic region. Prices were up 1.9% from a year earlier in November.
AdaptHealth (AHCO) said Tuesday that Moody's Ratings, the credit rating agency of Moody's, has recently upgraded the ratings of AdaptHealth LLC, the company's indirect subsidiary. The ratings upgrade includes the Corporate Family Rating to Ba2 from Ba3 and the senior unsecured notes rating to B1 from Ba3, AdaptHealth (AHCO) said. Shares of AdaptHealth (AHCO) were up over 1% in recent Tuesday premarket activity.
US equity futures were mixed pre-bell Tuesday as traders digested key earnings ahead of the start of the Federal Reserve's two-day policy meeting. Dow Jones Industrial Average futures were 0.5% lower, while S&P 500 futures were up 0.2%, and Nasdaq futures were 0.6% higher. The Federal Open Market Committee begins its meeting Tuesday and will issue a policy statement at 2 pm ET on Wednesday.
Financial markets are largely in a wait-and-see mode early Tuesday, said Scotiabank. Stocks are generally a little higher across United States equity futures and most European cash indexes, but with TSX futures a touch lower, noted the bank. Sovereign bonds are mostly "just treading water," stated Scotiabank. The US dollar is broadly softer against all major crosses, it added.
After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.
Three months ago, the Bank of Canada declared its rate-cutting cycle was effectively over, said Desjardins. Despite all of the uncertainty facing the economy, central bankers confidently concluded that they had done enough to keep inflation at its 2% target, noted Desjardins. With that guidance in hand, market participants actually began to price in rate hikes for 2026.
Societe Generale in its early Tuesday economic news summary pointed out: -- US dollar consolidates in a narrow range, USD/JPY rebounds off 100dma, 10-year Japanese government bond +5bps to 2.275%. Australian curve bear flattens ahead of Q4 consumer price index on Wednesday, three-year +4.5bps to 4.30%. 10-year United States Treasury steady at 4.21%, below 200dma 4.23%. Two-year UST auction stro...
Girard Sharp LLP, a national investment and securities class action firm in,?announces an investigation into potential securities claims on behalf of Oracle Corporation (ORCL) investors who purchased senior notes or bonds issued on September 25, 2025.
Bitcoin traded lower alongside most major tokens as investors favored gold and silver ahead of the Federal Reserve decision and a heavy week of Magnificent Seven earnings.
WhiteFiber (WYFI) said late Monday it closed an offering of $230 million of 4.5% convertible senior notes due 2031. The private offering comprised $20 million of notes issued upon the full exercise of an overallotment option by the initial purchasers. Net proceeds totaled about $221.5 million. MT Newswires does not provide investment advice.
Freddie Mac today posted to its website its?Monthly Volume Summary for December 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.
Onity Group Inc. (ONIT) today announced that its subsidiaries, PHH Corporation and PHH Escrow Issuer LLC, priced their previously announced offering of 9.875% Senior Notes due 2029 in an aggregate principal amount of $200 million.
The Toronto Stock Exchange closed lower Monday after hitting record intraday highs earlier in the session, with profit taking a likely factor after nine record closes this month, with gold shining, while investors also keeping a close eye on Canada-U.S. trade tensions and await a Bank of Canada update on Wednesday.
Financial stocks rose in late Monday afternoon 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 shed 0.2%, and the State Street Real Estate Select Sector SPDR ETF rose 0.2%. Bitcoin rose 1.4% to $87,748, and the yield for 10-year US Treasuries fell 2.6 basis points to 4.21%. In economic news, the Dal...
Financial stocks rose in late Monday afternoon 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 shed 0.2%, and the State Street Real Estate Select Sector SPDR ETF rose 0.2%. Bitcoin rose 1.4% to $87,748, and the yield for 10-year US Treasuries fell 2.6 basis points to 4.21%. In corporate news, Apollo...
"We are on the cusp of major changes in how the municipal securities market operates," Dave Sanchez, director of the Securities and Exchange Commission's Office of Municipal Securities, said last week.
Financial stocks rose in Monday afternoon trading, with the NYSE Financial Index gaining 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index fell 0.3%, and the State Street Real Estate Select Sector SPDR ETF climbed 0.2%. Bitcoin rose 1.4% to $87,768, and the yield for 10-year US Treasuries fell 3.2 basis points to 4.207%. In economic news, the...
Financial stocks rose in Monday afternoon trading with the NYSE Financial Index gaining 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index fell 0.3%, and the State Street Real Estate Select Sector SPDR ETF climbed 0.2%. Bitcoin rose 1.4% to $87,768, and the yield for 10-year US Treasuries fell 3.2 basis points to 4.207%. In corporate news, Bar...
The Federal Home Loan Bank of San Francisco announced that, in partnership with its members, it made available more than $185 million to advance homeownership, affordable housing and economic development efforts across Arizona, California and Nevada in 2025. More than $85 million of this funding was deployed through the Bank?s mission-driven grant programs.
Demand for US durable goods rebounded more than projected in November, as orders for commercial aircrafts almost doubled, delayed official data showed Monday. Orders for tangible items with an average life of at least three years rose 5.3% sequentially to about $323.79 billion in November, following a revised 2.1% drop the prior month, the Census Bureau said.
Societe Generale expects Brazil's central bank to keep rates unchanged on Wednesday. SocGen also predicts Chile's central bank to hold rates on Tuesday. Colombia's central bank is forecast to lift its overnight lending rate by 50bps to 9.75% on Friday, according to SocGen. MT Newswires does not provide investment advice.
The Canadian gross domestic product for November will be released on Friday at 8:30 a.m. ET, said National Bank of Canada. The release of the November GDP data will be "closely watched," noted the bank.
The Toronto Stock Exchange is up 126 points, led by strong gains in miners and tech stocks. Industrials, down 0.7%, is the biggest decliner. On the economics front, BMO Economics notes the Bank of Canada makes its policy announcement on Wednesday, and is widely expected to keep rates steady. This policy statement will include a Monetary Policy Report, with a fresh set of forecasts.
Morgan Stanley said it expects South Africa's central bank to favor a dovish hold in a four-to-two split vote in the Monetary Policy Committee at Thursday's meeting. In the bank's view, the next policy rate cut will materialize in March 2026 with a 25bps reduction. MT Newswires does not provide investment advice.
The Bank of Canada will fire off everything it has by way of communication tools on Wednesday, but in the end, not do anything, said Scotiabank ahead of this week's policy meeting. Nothing by way of immediate actions, that is, but they may help to further inform key questions concerning their forward bias as it feeds into cut, hold, rate hike debates, noted the bank.
Morgan Stanley said it expects the Bank of Canada to remain on hold at Wednesday's policy meeting. The labor market data has shown stabilization and inflation measures are running within the BoC's target range, wroet the bank in a note to clients.
November's international trade balance for Canada on Thursday will be closely watched for implications on Q4 2025 gross domestic product growth, said RBC. Net trade is currently tracking a significant boost to Canaian GDP growth in Q4, noted the bank.
Jersey Hired, the Garden State?s leading hyper-local job board and talent platform, today released a comprehensive summary of the latest New Jersey labor market data. According to the latest figures from the U.S. Bureau of Labor Statistics and the New Jersey Department of Labor, the state added 5,700 jobs in December.
The Bank of Canada is set to leave its overnight target unchanged at 2.25% on Wednesday, a decision widely expected by forecasters and OIS markets, said National Bank of Canada. This would mark the second consecutive hold after policymakers declared in October that policy is at "about the right level" to keep inflation near target and support the economy's transition.
Gold didn't rally on CPI prints. Call it the Greenland Tax. For decades, gold traded on interest rates and real yields. Greenland shouldn't move trillion-dollar markets. Gold is reacting to the weaponization of geography?not to inflation. In this regime, gold isn't just a metal. Each territorial flare-up, tariff threat, or alliance fracture adds an invisible premium to bullion.
Velocity Financial (VEL) reported preliminary Q4 earnings Monday of at least $0.90 per share, up at least 56% from a year earlier. A single analyst polled by FactSet expects $0.70. The real estate finance company said separately that it plans to offer up to $500 million in senior notes due 2031.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Hurricane Scores, according to ICE Climate Data. A $9 million offering from East Grand Forks Public School District, Minn., records a Flood Score of 4.1 out of 5.0, ICE reports.
Pakistan's central bank Monay said its Monetary Policy Committee decided to keep the policy rate unchanged at 10.5%. The MPC deemed it "prudent" to hold the policy rate unchanged at the current level to ensure price stability and support sustainable economic growth, wrote the central bank in its policy statement.
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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