Financial stocks were mixed in late Friday afternoon trading, with the NYSE Financial Index shedding 0.3% and the State Street Financial Select Sector SPDR ETF rising 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the State Street Real Estate Select Sector SPDR ETF was easing 0.1%. Bitcoin was falling 2.6% to $90,118, and the yield for 10-year US Treasuries rose 5 basis points to 4...
* Yields climb after two-day decline. * Fed dissenters express concerns over inflation. * 10-year yield poised for second straight weekly gain. By Chuck Mikolajczak. U.S. 10-year Treasury yields climbed on Friday after two straight sessions of declines, as investors weighed commentary from a host of Federal Reserve officials and the outlook for the economy.
Financial stocks were falling in Friday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF shedding 0.1%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF was easing 0.2%. Bitcoin was falling 2.3% to $90,433, and the yield for 10-year US Treasuries rose 5 basis points to 4...
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF was easing 0.2%. Bitcoin was falling 2.3% to $90,433, and the yield for 10-year US Treasuries rose 5 basis points to 4...
* Wall Street stocks down sharply with tech shares. * Investors brace for BoE, ECB, BOJ next week. * German bond yields rise, US yields up as well. By Caroline Valetkevitch. Major stock indexes were down sharply on Friday, with technology-related shares falling again as investors were wary of artificial intelligence bets, while the dollar and U.S. Treasury yields edged higher after recent losses.
* Yields climb after two-day decline. * Fed dissenters express concerns over inflation. * 10-year yield poised for second straight weekly gain. By Chuck Mikolajczak. U.S. 10-year Treasury yields rose on Friday after two straight sessions of declines, as investors assessed commentary from a flurry of Fed speakers and a positive outlook on the economy.
The S&P 500 and the Nasdaq closed down more than 1% on Friday with investors leaving?technology for other sectors as Broadcom (AVGO) and Oracle fueled concerns about an AI bubble and rising U.S. Treasury yields added pressure after some policymakers spoke out against easing monetary policy.
Major stock indexes fell on Friday, with technology-related shares dropping again as investors were wary of artificial intelligence bets, while the dollar edged higher and U.S. Treasury yields jumped.
* Oracle shares fall after quarterly results; Nasdaq down as well. * Dollar down against euro, other currencies in wake of Fed news Wed. * Treasury yields also fall. * Broadcom (AVGO) shares weaker after the bell. By Caroline Valetkevitch.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.7% and the State Street Financial Select Sector SPDR ETF adding 1.9%. The Philadelphia Housing Index increased 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was decreasing 0.7% to $91,369, and the yield for 10-year US Treasuries fell 2 basis points to 4...
Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1.7% and the State Street Financial Select Sector SPDR ETF adding 1.9%. The Philadelphia Housing Index increased 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was decreasing 0.7% to $91,369, and the yield for 10-year US Treasuries fell 2 basis points to 4...
* Jobless claims rise, volatility attributed to seasonal factors. * 10-yr yield on track for biggest two-day drop in two months. * Markets pricing in 24.4% chance of January Fed cut. By Chuck Mikolajczak.
Gold traded sharply higher midafternoon on Thursday as the dollar and treasury yields weakened after the Federal Reserve, as expected, cut U.S. interest rates by 25 basis points a day earlier.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.7%. The Philadelphia Housing Index increased 0.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was falling 2% to $90,423, and the yield for 10-year US Treasuries dropped 4.4 basis points to 4.12%....
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.7%. The Philadelphia Housing Index increased 0.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was falling 2% to $90,423, and the yield for 10-year US Treasuries dropped 4.4 basis points to 4.12%....
* Jobless claims rise, volatility attributed to seasonal factors. * 10-yr yield on track for biggest two-day drop in two months. * Markets pricing in 24.4% chance of January Fed cut. By Chuck Mikolajczak.
* US borrowing costs drop sharply after data. * ECB policy rates seen stable through 2026. * Markets price a 55% chance of a rate hike in March 2027. * Analysts cautious as euro zone inflation is expected to undershoot. By Stefano Rebaudo.
Gold traded higher early on Thursday as the dollar and treasury yields weakened after the Federal Reserve, as expected, cut U.S. interest rates by 25 basis points a day earlier. Gold for February delivery was last seen up US$19.30 to US$4,244.00 per ounce.
BondBloxx Investment Management, a provider of precision fixed income ETFs with over $6 billion in assets, today released its 2026 Fixed Income Market Outlook providing advisors and investors with insights and investment ideas for the year ahead.
* Fed outcome less hawkish than expected. * Dollar soft; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. * Souring risk mood sends Aussie, cryptos sliding. * SNB leaves rates steady, franc strong. By Rae Wee and Alun John.
* Souring risk mood sends Aussie, cryptos sliding. * Fed outcome less hawkish than expected. * Dollar soft; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. By Rae Wee.
* Fed outcome less hawkish than feared. * Dollar falls; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. * Souring risk mood sends cryptos sliding. By Rae Wee.
* Fed outcome less hawkish than feared. * Dollar slides; euro, sterling hit new highs. * Fed to start technical buying of Treasury bills to manage market liquidity. By Rae Wee. The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next year.
Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signaled?it will likely pause reductions for now. The U.S. dollar was lower against major currencies.
The Federal Reserve's move to expand its balance sheet again by buying Treasury bills is expected to ease money-market strains, calming investor worries that years of bond-portfolio runoff had drained too much liquidity from the financial system.
* * Two-year yield poised for biggest drop in two months. * US labor costs rise slightly less than expected. By Chuck Mikolajczak. U.S. Treasury yields fell on Wednesday, after the Federal Reserve cut interest rates but signaled it will likely hold off on further reductions, in a move that was largely anticipated by market participants.
Financial stocks advanced in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.3%. The Philadelphia Housing Index was climbing 3.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.7%. Bitcoin was rising 0.9% to $93,565, and the yield for 10-year US Treasuries fell 2 basis points to 4.16%. ...
Financial stocks advanced in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.3%. The Philadelphia Housing Index was climbing 3.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.7%. Bitcoin was rising 0.9% to $93,565, and the yield for 10-year US Treasuries fell 2 basis points to 4.16%. ...
* * Stocks up, dollar stays lower. * Powell says rate policy well positioned. By Caroline Valetkevitch. Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled it will likely pause further reductions in borrowing costs. The U.S. dollar stayed lower.
The Federal Reserve on Wednesday said it would imminently start buying short-dated government bonds to help manage market liquidity levels to ensure the central bank retains firm control over its interest rate target system.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each rising 0.7%. The Philadelphia Housing Index was climbing 1.4%, and the State Street Real Estate Select Sector SPDR ETF was up 0.5%. Bitcoin was declining 0.3% to $92,402, and the yield for 10-year US Treasuries was shedding 2 basis points to 4....
Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled it will likely pause further reductions in borrowing costs. The U.S. dollar stayed lower. However, policymakers have been weighing signs of a cooling labor market against concerns about inflation risks.
* Investors consider Nvidia (NVDA) decision. * Investors cautious ahead of central bank meetings. * Fed rate cut all but certain, focus moves to outlook. By Caroline Valetkevitch. Most major stock indexes dipped, while the dollar and U.S. Treasury yields edged higher on Tuesday before a likely interest rate cut from the Federal Reserve but also possibly hawkish comments from policymakers.
Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF down 0.3%. The Philadelphia Housing Index was falling 1.5%, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin was increasing 2.6% to $93,019, and the yield for 10-year US Treasuries rose 1 basis point to ...
Financial stocks were decreasing in late Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF down 0.3%. The Philadelphia Housing Index was falling 1.5%, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin was increasing 2.6% to $93,019, and the yield for 10-year US Treasuries rose 1 basis point to ...
* Job openings rise unexpectedly. * * Market anticipates 'hawkish cut' with higher bar for future cuts. By Chuck Mikolajczak. Most U.S. Treasury yields advanced on Tuesday, erasing earlier declines after a report on the labor market and before a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF down 0.3%. The Philadelphia Housing Index was falling 1.2%, and the State Street Real Estate Select Sector SPDR ETF was down 0.3%. Bitcoin was increasing 3.6% to $93,914, and the yield for 10-year US Treasuries was slightly higher at 4.18...
Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF down 0.4%. The Philadelphia Housing Index was falling 1.2%, and the State Street Real Estate Select Sector SPDR ETF was down 0.3%. Bitcoin was increasing 3.6% to $93,914, and the yield for 10-year US Treasuries was slightly higher at 4.18...
US equity indexes were mixed after midday Tuesday, with basic materials and energy topping the sector charts. The Dow Jones Industrial Average fell 0.3% to 47,613.2, with the S&P 500 up 0.1% to 6,851.6 and the Nasdaq Composite 0.2% higher at 23,601.8. Industrials, real estate, and healthcare led the decliners.
* Job openings rise unexpectedly. * * Market anticipates "hawkish cut" with higher bar for future cuts. By Chuck Mikolajczak. U.S. Treasury yields were mostly higher on Tuesday, erasing earlier declines after data on the labor market and ahead of a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
* Dollar unchanged against range of currencies ahead of Fed meeting. * Investor confidence brittle after earthquake strikes Japan. * U.S. Treasury bonds stabilise after three-day selloff. * Yen firmer after five-year JGB auction attracts bids. By Gregor Stuart Hunter and Lucy Raitano.
After reaching a record wide earlier this year, the gap between U.S. 10-year Treasury yields and like-dated Government of Canada bonds has narrowed sharply in recent weeks, Bank of Montreal said. At one stage in early February, at the height of the U.S.-Canada tariff uncertainty, the spread gapped out to 158 bps, with U.S. yields trading above Canada, the bank noted.
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.