Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index falling 1% and the State Street Financial Select Sector SPDR ETF off 0.7%. The Philadelphia Housing Index dropped 2.3%, and the State Street Real Estate Select Sector SPDR ETF shed 0.8%. Bitcoin was declining 1.9% to $82,982, and the yield for 10-year US Treasuries was rising 1.6 basis points to 4.24%. In cor...
Dr. Christina Rahm, Chief Formulator and Lead Scientist of The ROOT Brands, and Clayton Thomas, CEO, were invited to attend the 56th Annual Meeting of the World Economic Forum in Davos-Klosters, Switzerland, under the theme "A Spirit of Dialogue."
US equity indexes dropped as Kevin Warsh's nomination as Federal Reserve chair boosted the dollar and sent precious metals into a tailspin, and as the producer price inflation rate jumped in December. The Nasdaq Composite dropped 1% to 23,457.1, with the S&P 500 down 0.8% to 6,914.2 and the Dow Jones Industrial Average lower by 1.1% to 48,563.1 after midday Friday.
The Toronto Stock Exchange is sharply lower in midday trading, plunging near 1,000 points with all sectors lower as fourth-quarter GDP data shows Canada is struggling for growth. The worst performers are miners, and info tech, followed by industrials. Tiago Figueiredo at Desjardins said the Canadian economy appears to have ended the year on very weak footing.
Newmont Corporation (NEM) shares are trading lower Friday morning after President Donald Trump nominated former Federal Reserve governor Kevin Warsh to succeed Jerome Powell as Fed chair in May 2026. Gold, tracked by SPDR Gold Trust , is trading over 6% lower Friday morning. Warsh is widely viewed as more skeptical of ultra-easy monetary policy than current chair Jerome Powell.
The European stock markets were moving higher in Friday trading as The Stoxx Europe rose 0.6%, Germany's DAX gained 0.9%, the FTSE 100 was up 0.5%, France's CAC increased 0.7%, and the Swiss Market Index was moving 0.3% higher. In Germany, gross domestic product grew 0.3% in Q4 from Q3, adjusted for price, seasonal, and calendar effects, according to the Federal Statistical Office.
US producer price growth unexpectedly accelerated in December as the services index logged the largest. increase since July, the Bureau of Labor Statistics reported Friday. The producer price index rose by 0.5% on a seasonally adjusted basis last month, representing the biggest gain since September, government data showed.
US President Donald Trump on Friday nominated Kevin Warsh to replace Federal Reserve Chair Jerome Powell, who has regularly been criticized by the US leader for taking a cautious view on lowering interest rates. Warsh served as a governor on the central bank's board from 2006 to 2011.
"These municipal bond schemes improperly divert new issue bonds to bad actors at the expense of bona fide retail investors," FINRA's Meghan Ferguson said.
Construction input prices decreased 0.6% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics? Producer Price Index data released today. Overall construction input prices are 2.8% higher than a year ago, while nonresidential construction input prices are 3.2% higher.
The current stance of monetary policy is still restraining economic growth and requires more reduction in the policy rate, Federal Reserve Governor Christopher Waller said Friday in a statement explaining his dissent in favor of a 25-basis point rate cut at this week's Federal Open Market Committee meeting.
US stocks look set to open lower in Friday's trading session as investors seem calmed by President Donald Trump's nomination of former Fed Governor Kevin Warsh to replace Fed Chairman Jerome Powell when his term expires in May. Investors are also parsing the Bureau of Labor Statistics' Producer Price Index reading, which rose 0.5% in December, up from a 0.2% gain the previous month, and above a...
The broad market exchange-traded fund SPDR S&P 500 ETF Trust was down 0.4% and the actively traded Invesco QQQ Trust was 0.6% lower in Friday's premarket activity as geopolitical uncertainty looms, while investors still await a Federal Reserve interest rate cut.
The Canadian economy was still struggling for growth toward the end of Q4, with November gross domestic product showing a flat reading and the advance estimate for December pointing to only marginal growth, said CIBC after Friday's data.
Canadian real gross domestic product was essentially unchanged in November, following a 0.3% month over month decline in October, as contractions in goods-producing industries offset expansions in services-producing industries, said the country's statistical agency on Friday. November's flat reading was slightly less than the 0.1% consensus month-over-month rise provided by MUFG.
The US Producer Price Index rose by 0.5% in December following a 0.2% increase in November, well above the 0.2% gain expected in a survey compiled by Bloomberg. Energy prices fell by 1.4% in the month, while food prices declined by 0.3%. After excluding food and energy prices, core PPI jumped by 0.7%, above the 0.2% gain expected and following a flat reading in the previous month.
The US dollar rose against its major trading partners early Friday ahead of the release of producer price data for December at 8:30 am ET and the Chicago purchasing managers' index reading for January at 9:45 am ET.
The Indian Economic Survey 2025-26 has outlined a stark warning regarding a potential global financial ?systemic shock cascade? in 2026 that could outpace the severity of the 2008 Global Financial Crisis.
US stock futures are tracking lower in Friday's premarket session, but rebounding from earlier levels as investors appear assuaged by President Donald Trump's nomination of former Fed Governor Kevin Warsh to replace Fed Chairman Jerome Powell when his term expires in May. Investors are also looking ahead to the Producer Price Index reading, which will be released at 8:30 am ET.
President Trump on Friday announced Kevin Warsh as his nominee to succeed Jerome Powell as Chair of the Federal Reserve, yet Bitcoin plunged below $83,000 on the news. Technical analyst Kyledoops said a Warsh-led Fed would fundamentally change how markets interpret policy signals, given his reputation as an inflation hawk and strong-dollar advocate.
Canada will release the monthly gross domestic product data at 8:30 a.m. ET on Friay, said Bank of Montreal. The bank noted that the Canadian economy has struggled to gain momentum in recent months as the support from past rate cuts is offset by still-significant trade uncertainty.
European bourses tracked moderately higher midday Friday as traders nodded to earnings, and shrugged off geopolitical conflicts and the outlook for a new US central bank chief. President Donald Trump is expected to nominate former Federal Reserve governor Kevin Warsh as the central bank's next chair, Friday morning in Washington.
Wall Street futures pointed lower pre-bell Friday on Wall Street as traders awaited President Donald Trump's announcement, slated for Friday morning, of his pick for the next Federal Reserve chair. Kevin Warsh, a former Fed governor, is the leading contender for next central bank chief, with Polymarket placing a 95% chance on Warsh getting the Trump nod.
Gross domestic product growth in the eurozone held steady at 0.3% quarter-on-quarter in Q4, said ING after Friday's data. This was slightly better than expected, as sentiment data had been more downbeat toward the end of the year, wrote the bank in a note.
Charter Communications, Inc (CHTR). will release earnings for the fourth quarter before the opening bell on Friday, Jan. 30. Analysts expect the company to report fourth-quarter earnings of $9.88 per share. On Jan. 13, Charter Communications (CHTR) disclosed that it has closed on $3.0 billion in aggregate principal amount of senior unsecured notes.
The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.
US equity indexes ended mostly lower Thursday as details from Microsoft's (MSFT) quarterly results triggered a sell-off in the technology sector. * Initial jobless claims declined to 209,000 in the week ended Jan. 24 from an upwardly revised 210,000 in the previous week, compared with analyst expectations of 205,000 according to a survey compiled by Bloomberg.
Over the past five years, January has seen a relatively stable market tone, said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.
Fourth Quarter 2025Key Financial Results: Key Business Results: Key Capital and Liquidity Measures: Full Year 2025Key Financial Results: Key Business & Capital and Liquidity Results: Key UpdatesM&A: Core G&A: Corporate Debt: Corporate Anniversary: SAN DIEGO, Jan. 29, 2026 -- LPL Financial Holdings Inc. (LPLA) today announced results for its fourth quarter ended December 31, 2025, reporting net income...
Financial stocks rose in late Thursday afternoon trading, with the NYSE Financial Index advancing 0.9% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF gained 1.4%. Bitcoin was falling 6.3% to $83,864, and the yield for 10-year US Treasuries dropped 2.2 basis points to 4.23%. In e...
Financial stocks rose in late Thursday afternoon trading, with the NYSE Financial Index advancing 0.9% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF gained 1.4%. Bitcoin was falling 6.3% to $83,864, and the yield for 10-year US Treasuries dropped 2.2 basis points to 4.23%. In c...
Campbellsville University "shares many of the characteristics of schools that are struggling" in higher education, said Lisa Washburn of Municipal Market Analytics.
Greystone, a leading national commercial real estate finance company, announced it has provided a $49,207,000 Fannie Mae DUS? loan to refinance a 150-unit multifamily community located in Norwalk, Connecticut. Built in 2024 in Fairfield County, SoNo Central is a six-story apartment complex featuring studio, one-, and two-bedroom units, and 12 commercial units.
Initial jobless claims decreased by 1,000 to 209,000 in the week ended Jan. 24, but the four-week moving average rose by 2,250 to 206,250 after three straight decreases. Insured claims fell by 38,000 to 1.827 million in the employment survey week ended Jan. 17, the lowest level since the week ended Sept. 21, 2024, when it was 1.825 million.
Stifel Canada's quarterly consumer spending survey suggests that spending intentions are moderating sequentially compared with October 2025. "In almost all categories we monitor, female and low income respondents, as well as young shoppers show declining spending intentions," write analysts Martin Landry and Daryl Young.
Bitcoin is down over 5% on Thursday as broader risk-off sentiment sweeps through global markets. Weakening tech earnings and a hawkish pivot from the Federal Reserve are driving capital out of risk assets. Crypto trader Jelle highlighted that this is the largest Bitcoin correction since 2021, but it's still far from the biggest drawdown in BTC's history.
The board of directors of the Federal Home Loan Bank of Atlanta today approved a cash dividend for the fourth quarter 2025 at an annualized rate of 6.40 percent.
Financial stocks rose in Thursday afternoon trading with the NYSE Financial Index advancing 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index eased 0.1%, and the State Street Real Estate Select Sector SPDR ETF gained 1%. Bitcoin fell 6.6% to $83,769, and the yield for 10-year US Treasuries dropped1.6 basis points to 4.235%. In economic news, ...
Market Intelligence analyst Jeff Lipton uses the Federal Reserve's latest Flow of Funds data to show how households still dominate municipal bond ownership even as ETFs surge and banks and insurance companies trim exposure, reshaping muni demand heading into 2026.
Financial stocks rose in Thursday afternoon trading, with the NYSE Financial Index advancing 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index was up 0.1%, and the State Street Real Estate Select Sector SPDR ETF rose 0.6%. Bitcoin was falling 5.1% to $84,597, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to nearly 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