U.S. consumer sentiment plunged to a record low in early April and consumers anticipated a surge in inflation in the next 12 months, a survey showed on Friday. The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index tumbled to an all-time low of 47.6 this month from a final reading of 53.3 in March.
The University of Michigan's preliminary consumer sentiment index fell to 47.6 in April from 53.3 in March, much lower than expectations for an increase to 51.5 in a survey compiled by Bloomberg.
Canada's economy added 14,000 jobs in March, or 0.1% month over month, which is more-or-less in line with consensus expectations for a 15,000 gain, said TD after Friday's Labour Force Survey. Employment was essentially flat across job types, with full-time employment edging down slightly, or 1,000, while private-sector employment rose by 15,000 on the month.
BMO's Douglas Porter says the bottom line to be taken from Friday's Canadian employment data is that "for a refreshing change", results were "no big surprise" in March, and he adds the big picture take away is that job growth has been quite modest over the past year, but so, too, has been the growth in the available labour force, holding the unemployment rate steady.
White House economic adviser Kevin Hassett said on Friday that the U.S. Federal Reserve should be able to cut interest rates once a reopening of the Strait of Hormuz triggers a rapid decline in energy prices.
April 10 - Canada's main stock index opened higher on Friday, as investors weighed U.S. inflation data and Canada's jobs report, while oil prices eased ahead of U.S.-Iran peace talks. At 09:30 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite Index was up 0.15% at 33,528.17 points.
Gold futures eased early Friday even as the dollar weakened after a report showed U.S. inflation surged in March on higher gasoline prices, cutting hopes for a cut to interest rates from the Federal Reserve. Gold for May delivery was last seen down $31.10 to US$4,786.90 per ounce.
"Overall, and through the monthly volatility, the Canadian labour market still appears quite weak, which should limit the ability of the current oil price shock to widely spread into broader inflationary pressures, enabling the Bank of Canada to hold interest rates at their current level throughout 2026," says CIBC's Andrew Grantham after the release Friday of Canada's LFS employment data for M...
* Futures: Dow flat, S&P 500 up 0.15%, Nasdaq up 0.26% * March CPI at 3.3% on annual basis, in line with estimates. * TSMC's US shares gain after Q1 revenue beat.
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively traded Invesco QQQ Trust was 0.1% higher in Friday's premarket activity amid lingering geopolitical uncertainty and the release of consumer inflation data.
After a string of job losses to begin the year, Canada's labour market had "some signs of stabilization" in March, says Royce Mendes at Desjardins after the release of Friday's Labour Force Survey showing the Canadian economy added back 14,000 jobs in March, leaving the unemployment rate unchanged at 6.7%. But, he adds, all of the new positions were part-time, with full-time jobs "stable" after...
U.S. consumer prices rose 3.3% from a year ago in March, data showed, giving investors a first glimpse of the impact on prices of the U.S.-Israeli war against Iran. The Consumer Price Index rise was in line with the expectations of economists polled by Reuters and was up from 2.4% last month.
Berkshire Hathaway (BRK/A) sold 272.3 billion Japanese yen worth of yen-denominated bonds, the first such deal since Warren Buffett retired as chief executive officer, Bloomberg said in an updated report Friday. The offering consisted of six tranches and included maturities ranging from three to 30 years, the report said. The company has increased its investments in Japan, the report said.
Canada's employment was little changed in March, up 14,000 or 0.1% month over month, while the unemployment rate was unchanged at 6.7%, said the country's statistical agency in Friday's Labour Force Survey. The job increases were in line with a forecast 14,500 increase and 6.7% unemployement rate provided by MUFG.
The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.9% in March, as expected in a survey compiled by Bloomberg as of 7:30 am ET and following a 0.3% increase in February, according to data released Friday by the Bureau of Labor Statistics.
Traders on Friday kept bets the Federal Reserve will leave interest rates on hold through the end of 2026 after the Labor Department reported consumer prices surged in March, as expected. They continue to see about a one-in-three chance of chance of a rate cut by the Fed's December meeting, based on pricing in interest-rate futures contracts traded at CME Group.
U.S. stock index futures gained slightly on Friday after March inflation data calmed some concerns over the inflationary fallout of the Middle East conflict on the U.S. economy. A Labor Department report showed the Consumer Price Index rose 3.3% on an annual basis, in line with an estimated 3.3% rise according to economists polled by Reuters.
U.S. stock index futures gained slightly on Friday after March inflation data calmed some concerns over the inflationary fallout of the Middle East conflict on the U.S. economy. A Labor Department report showed the Consumer Price Index rose 3.3% on an annual basis, in line with an estimated 3.3% rise according to economists polled by Reuters.
U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and diesel, dealing a blow to President Donald Trump whose approval ratings have been falling because of unhappiness over his handling of the economy.
* Consumer Price Index increases 0.9% in March, largest gain since mid-2022. * Gasoline prices account for nearly three quarters of rise in inflation. * CPI advances 3.3% year-on-year, largest increase since May 2024. * Core CPI gains 0.2%; increases 2.6% year-on-year. By Lucia Mutikani.
* Canada adds 14,100 jobs in March, following previous losses. * Economy had lost a total of 109,000 jobs in January and February. * Unemployment rate at 6.7%, same as previous month and last year. * Average hourly wage of permanent employees rose by 5.1% By Promit Mukherjee.
CLARK, N.J., April 10, 2026 /PRNewswire/ -- GEP Global Supply Chain Volatility Index ? a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs, based on a monthly survey of 27,000 businesses ? signaled that global supply chain pressures rose to a three-year high in March, reflecting the immediate economic impact of the energy price shock and mar...
San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good place" -- restrictive enough to put downward pressure on inflation without undercutting the labor market.
Realty Income (O), a real estate investment trust concentrated in low-risk retail and industrial real estate, was the funding recipient on the $675 million deal.
CoreWeave, Inc. (CRWV) announced today the pricing of its private offering of $3.5 billion aggregate principal amount of its 1.75% convertible senior notes due 2032.
Litigants say $400 million in planned Port of South Louisiana bonds were not properly advertised. It's part of a wider challenge to industrial development plans.
JD.com (JD) said Friday it closed its offering of 10 billion Chinese renminbi of senior unsecured notes. The offering comprised 7.5 billion renminbi of 2.05% notes due 2031 and 2.5 billion renminbi of 2.75% notes due 2036. The company said it plans to use the net proceeds for general corporate purposes. MT Newswires does not provide investment advice.
* Iran says Israel's attacks on Lebanon are a sticking point. * Oil prices set for their steepest weekly fall since June 2025. * US dollar heads for its largest weekly loss since January. By Ishaan Arora. Gold prices edged lower, while staying on track for a third straight weekly gain, as the market reassessed the chances of U.S. interest rate cuts if the fragile U.S.-Iran ceasefire holds.
* Futures: Dow down 0.04%, S&P 500 up 0.05%, Nasdaq up 0.10% * March CPI data in focus, set for release at 8:30 a.m. ET. * TSMC's US shares gain after Q1 revenue beat. By Purvi Agarwal and Avinash P. U.S. stock index futures were flat on Friday as investors awaited a key inflation report and monitored geopolitical developments surrounding an uneasy truce in the Middle East.
JD.com, Inc. (JD) (NASDAQ: JD and HKEX: 9618 and 89618, the ?Company? or ?JD.com?) (), a leading supply chain-based technology and service provider, today announced the completion of its offering of CNY10 billion aggregate principal amount of CNY-denominated senior unsecured notes. The Notes Offering consists of CNY7.5 billion of 2.05% notes due 2031 and CNY2.5 billion of 2.75% notes due 2036.
A new Federal Reserve study reveals that sweeping U.S. tariffs implemented in 2025 by President Donald Trump are entirely responsible for the recent surge in core goods inflation, hitting consumers with a direct, ?dollar-for-dollar? price increase.
Canada releases the Labour Force Survey for March on Friday at 8:30 a.m. ET, said ING. Consensus is for a 15,000 payroll increase after the very soft 83,000 drop in February, noted the bank. However, the bigger signal for the Bank of Canada tends to come from the unemployment rate rather than the quite volatile monthly swings in jobs, stated ING.
A panel of trade court judges challenged?the legality of President Donald Trump's 10% tax on most imports, suggesting a large trade deficit might not be a sufficient reason to impose broad-based tariffs. The U.S. Court of International Trade heard arguments on Friday in lawsuits by 24 mostly Democratic-led states and by small businesses challenging the tariffs, which took effect on February 24.
Crypto giant Kraken's landmark Federal Reserve master account comes with restrictions aimed at mitigating risks, but it - and others likely to follow in its wake - could still create vulnerabilities for the U.S. financial system. Founded in 2011, Wyoming-based Kraken is one of the world's largest crypto exchanges, with both retail and institutional clients.
New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving the Federal Reserve room to keep interest rates unchanged as it monitors the economic fallout from the U.S.-Israeli war with Iran.
New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving the Federal Reserve room to keep interest rates unchanged as it monitors the economic fallout from the U.S.-Israeli war with Iran.
* TSX futures up 0.24% * U.S. CPI and Canada jobs data due at 8:30 a.m. ET. Futures for Canada's main stock index edged higher on Friday, supported by firm oil prices as uncertainty over the Strait of Hormuz persisted ahead of U.S.-Iran peace talks. June futures on the S&P/TSX index were up 0.24%, or 4.70 points, at 05:21 a.m. ET.
U.S. stocks closed mixed on Friday, with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle East peace negotiations. A closely watched inflation report showed consumer price growth accelerated as expected, due to price pressures arising from the war on Iran.
* Futures down: Dow 0.15%, S&P 500, Nasdaq 0.08% each. U.S. stock index futures were largely muted on Friday as investors stuck to the sidelines ahead of a crucial inflation print, while assessing the fragility of the Middle East truce. The news of a two-week ceasefire agreement earlier this week between the U.S. and Iran has put Wall Street indexes on track for weekly gains.
* U.S. accuses Iran of breaching Hormuz promises. * Brent crude oil down more than 11% this week. * Spot gold down about 10% since Iran war start. * U.S. March CPI data due at 1230 GMT. By Pablo Sinha.
Japan's five-year government bond yields hit a record high at the end of a volatile week of trade on Friday, as investors gauged government and central bank responses to economic headwinds brought on by the Middle East crisis. BOJ Deputy Governor Ryozo Himino said in parliament that the central bank will guide monetary policy with an eye on the overall economic impact of the Middle East conflict.
Euro zone benchmark Bund yields were on track for a weekly rise, despite their sharpest drop in years on Wednesday, as a ceasefire between the U.S. and Iran showed further strain. Borrowing costs tracked oil prices, as their recent rise stoked inflation concerns and expectations of a swifter tightening response from the European Central Bank.
* U.S. accuses Iran of breaching Hormuz promises. * Brent crude oil slides more than 11% this week. * Spot gold down about 10% since Middle East war began on Feb 28. * U.S. March CPI data due at 1230 GMT. By Pablo Sinha.
* Consumer Price Index forecast increasing 0.9% in March. * CPI estimated to have advanced 3.3% year-on-year. * CPI excluding food and energy likely gained 0.3% * Core CPI estimated to have increased 2.7% year-on-year. By Lucia Mutikani.
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