* Indexes down: Dow 0.5%, S&P 500 0.6%, Nasdaq 0.8% * Akamai Technologies (AKAM) down after announcing senior notes offering. * Software stocks among top gainers. By Ragini Mathur and Utkarsh Hathi. Wall Street's main indexes fell on Tuesday, pressured by consumer discretionary stocks and renewed inflation worries as the 10-year Treasury yield climbed to its highest level in more than a year.
* Benchmark 10-year Treasury yields near a more than one-year high. * Brent crude oil prices hold above $110 a barrel. * Minutes of Fed's April policy meeting due on Wednesday. By Anjana Anil. Gold prices fell by more than 2% on Tuesday as a firmer U.S. dollar and persistent inflation fears kept interest rate hike expectations and Treasury yields high.
The S&P 500 and the Nasdaq opened lower on Tuesday, pressured by a selloff in heavyweight chip stocks and lingering inflation concerns as Treasury yields continued to rise.
The S&P 500 and the Nasdaq opened lower on Tuesday, pressured by a selloff in heavyweight chip stocks and lingering inflation concerns as Treasury yields continued to rise.
Yields on U.S. Treasuries ticked higher in Tuesday morning trading after an earlier dip following an overnight pause in the Iran conflict and a decline in oil prices. The yield on the benchmark 10-year Treasury note was last up 4.2 basis point at 4.627%. It had climbed as high as 4.659% on Monday, which was its highest level in 15 months.
Yields on U.S. Treasuries ticked lower in early Tuesday trading after another overnight pause in the Iran conflict and a dip in oil prices. The yield on the benchmark 10-year Treasury note was last down less than a basis point at 4.617%. It had climbed as high as 4.659% on Monday, which was its highest level in 15 months.
Wall Street's main indexes fell on Tuesday, pressured by consumer discretionary stocks and renewed inflation worries as the 10-year Treasury yield climbed to its highest level in more than a year.
The latest sharp selloff in U.S. Treasuries may be far from over. A combination of stubborn inflation, shifting expectations about interest rates, and changes in investor behavior could keep pressure on bond prices and drive yields even higher in the weeks ahead, analysts said.
Japan stands ready to act against excessive foreign exchange volatility at any time, while ensuring that any yen-buying, dollar-selling intervention is conducted in a way that avoids pushing up U.S. Treasury yields, officials said on Monday.
A senior Japanese Finance Ministry official has cast doubt on the prospect of Japan selling US Treasuries to support the yen, saying such a move could push US bond yields higher and ultimately weaken the Japanese currency, Bloomberg reported on Monday. The official said Japan has sufficient cash and deposit reserves available for currency intervention.
* S&P 500, Nasdaq end lower. * Oil prices gain as Iran worries continue. * Longer-dated US Treasury yields off recent highs. By Caroline Valetkevitch and Samuel Indyk. Major stock indexes mostly eased as technology shares fell on Monday, while Brent oil prices climbed to a two-week high as investors assessed whether there will likely be progress soon to end the Iran war.
* S&P 500, Nasdaq end lower. * Oil prices gain as Iran worries continue. * Longer-dated U.S. Treasury yields off recent highs. By Caroline Valetkevitch and Samuel Indyk. Major stock indexes mostly eased as technology shares fell on Monday, while oil prices climbed following continued worries over supply disruption from the Iran war.
Financial stocks advanced Monday with the NYSE Financial Index rising 1.1% and the State Street Financial Select Sector SPDR ETF gaining 1.2%. The Philadelphia Housing Index climbed 0.8%, and the State Street Real Estate Select Sector SPDR ETF rose 1.1%. Bitcoin fell 2% to $76,840, and the yield for 10-year US Treasuries was little changed at 4.60%. In economic news, US homebuilder confidence u...
* Indexes mixed with Nasdaq leading declines, Dow holding steady. * Dominion Energy (D) rises on NextEra deal. * Regeneron slides after skin cancer drug combo misses trial goal. By Sin?ad Carew and Ragini Mathur.
* Yield on 10-, 30-year Treasuries retreat from overnight highs. * Earlier sharp sell-off followed a rise in crude oil prices. * Market bets on Fed interest rate hike increase. By Matt Tracy.
Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF ahead 1.3%. The Philadelphia Housing Index increased 0.9%, and the State Street Real Estate Select Sector SPDR ETF was up 1%. Bitcoin was declining 2% to $76,840, and the yield for 10-year US Treasuries was little changed at 4.60%. In co...
* Indexes off: Dow 0.01%, S&P 500 off 0.43%, Nasdaq down 0.89% * Dominion Energy (D) rises on NextEra deal. * Regeneron slides after skin cancer drug combo misses trial goal. By Sin?ad Carew and Ragini Mathur.
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF ahead 1.2%. The Philadelphia Housing Index was climbing 1.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.8%. Bitcoin was declining 1.1% to $76,579, and the yield for 10-year US Treasuries was slightly higher at 4.599%. I...
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF ahead 1.2%. The Philadelphia Housing Index was climbing 1.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.8%. Bitcoin was declining 1.1% to $76,579, and the yield for 10-year US Treasuries was slightly higher at 4.599%. I...
* U.S. stock indexes mostly down slightly. * Oil prices gain as Iran worries continue. * Longer-dated U.S. Treasury yields off recent highs. By Caroline Valetkevitch and Samuel Indyk. Major stock indexes mostly eased as technology shares fell on Monday, while oil prices climbed following more worries over supply disruption from the Iran war.
* Oil prices turn positive. * Benchmark 10-year U.S. Treasury yields at highest since February 2025. * JPMorgan cuts 2026 gold price view. By Anjana Anil. Gold steadied on Monday as support from a weaker U.S. dollar offset pressure from higher Treasury yields and inflation concerns stemming from rising oil prices. Spot gold was largely unchanged at $4,540.49 per ounce as of 12:35 p.m. ET.
* Indexes down: Dow 0.09%, S&P 500 0.4%, Nasdaq 0.8% * Dominion Energy (D) rises on NextEra deal. * Regeneron slides after skin cancer drug combo misses trial goal. By Ragini Mathur and Utkarsh Hathi.
The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 Index were down in late-morning trading Monday, as Wall Street monitored oil prices and US Treasury yields amid the ongoing conflict in the Middle East. In company news, NextEra Energy (NEE/PW) and Dominion Energy (D) said Monday they have entered into a definitive agreement to combine in an all-stock deal.
* Benchmark 10-year U.S. Treasury yields at highest since February 2025. * JPMorgan cuts 2026 gold price view. By Anjana Anil. Gold steadied on Monday as support from a weaker U.S. dollar offset pressure from higher Treasury yields and inflation concerns stemming from rising oil prices. Spot gold was largely unchanged at $4,536.19 per ounce as of 11:10 a.m. ET.
* Indexes: Dow up 0.3%, S&P 500 up 0.04%, Nasdaq off 0.1% * Dominion Energy (D) rises on NextEra deal. * Regeneron slides after skin cancer drug combo misses trial goal. By Ragini Mathur and Utkarsh Hathi. U.S. stock indexes were mixed in choppy trading on Monday even though the bond-market selloff that had pressured equities last week showed signs of cooling and oil prices pulled back.
* Benchmark 10-year U.S. Treasury yields at highest since Feb 2025. * JPMorgan cuts 2026 gold price view. By Anjana Anil. Gold rose on Monday as a weaker U.S. dollar and lower crude oil prices eased some inflation concerns though higher bond yields curbed bullion's gains while investors continued to monitor developments in the Middle East conflict.
Yields on longer-dated Treasury notes climbed to their highest levels in over a year in overnight trading amid a global market selloff in longer-dated bonds driven by war-related inflation concerns. The yield on the benchmark 10-year Treasury note climbed to 4.631% in overnight trading, its highest level since February 2025.
* Futures down: Dow 0.7%, S&P 500 0.4%, Nasdaq 0.4% * Dominon Energy rises on report of NextEra talks. * UnitedHealth (UNH) slips after Berkshire Hathaway (BRK/A) sells stake. By Ragini Mathur and Utkarsh Hathi. U.S. stock index futures edged lower on Monday as rising Treasury yields and oil prices weighed, while investors awaited key earnings from Nvidia (NVDA) and Walmart (WMT) later in the week.
US equity investors will remain focused on President Donald Trump's attempts to force Iran to reopen the Strait of Hormuz as the 30-year Treasury yield traded at a 28-year high amid inflation concerns and Nvidia's (NVDA) quarterly results.
The Nasdaq and the benchmark S&P 500 closed lower on Monday as investors took some profits in technology stocks while surging Treasury yields and high oil prices fueled concerns that inflation and borrowing costs could stay elevated.
* Futures down: Dow 0.6%, S&P 500 0.3%, Nasdaq 0.09% U.S. stock index futures edged lower on Monday as rising Treasury yields and oil prices weighed on equity markets, while investors awaited key earnings from Nvidia (NVDA) and Walmart (WMT) later in the week.
* US 10-year Treasury yields rise to their highest since February 2025. * Brent rises above $110/bbl on fresh Middle East tensions. * Traders see 40% chance of a US interest rate hike in December. By Noel John.
* U.S. Treasury yields hit one-year peaks; JGB yields scale record highs. * Renewed tensions in Middle East keep investors worried about inflation, growth risks. * Japan likely to issue fresh debt to deal with impact from Iran war. * Investors ramp up bets on global rate hikes. * British gilts outperform on Monday after selloff last week. By Matt Tracy, Alun John and Amanda Cooper.
Long-term holders are still sitting tight and exchange balances remain near six-year lows, Binance Research data shows, but underwater short-term holders leave BTC vulnerable to macro shocks.
Major stock indexes mostly eased as technology shares fell on Monday, while Brent oil prices climbed to a two-week high as investors assessed whether there will likely be progress soon to end the Iran war. Longer-dated U.S. Treasury yields were nearly flat after climbing to their highest level in over a year in overnight trading.
The iShares 20+ Year Treasury Bond ETF stock price crashed to its lowest level since November 2023 as US bond yields surged after the strong consumer and producer inflation numbers. ETFs tracking long-term government bonds continued their strong downward momentum last week as concerns about the US economy rose.
The Nasdaq Composite and the S&P 500 fell from record highs as inflation concerns pushed Treasury yields higher. The Nasdaq tumbled 1.5% to 26,225.1, while the S&P 500 dropped 1.2% to 7,408.5. The Dow Jones Industrial Average lost 1.1% to 49,526.2. Barring energy, all sectors ended in the red, led by materials' 2.7% slump.
US equity indexes slumped as continuing uncertainty over the reopening timeline for the Strait of Hormuz following the China summit spooked investors, sending government bond yields and crude oil futures sharply higher. The Nasdaq Composite dropped 1.4% to 26,225.14, with the S&P 500 down 1.2% to 7,408.5 and the Dow Jones Industrial Average seen lower by 1% to 49,526.1 at the close on Friday.
U.S. stocks retreated from artificial-intelligence-fueled record highs on Friday, as spiking crude prices ignited global inflation fears. All three major U.S. stock indexes veered lower as a jump in benchmark Treasury yields, reflecting surging energy prices and concerns about long-term inflation, offered an attractive alternative to higher-risk equities.
Financial stocks declined in late Friday afternoon trading with the NYSE Financial Index shedding 0.7% and the State Street Financial Select Sector SPDR ETF falling 0.3%. The Philadelphia Housing Index shed 3.1%, and the State Street Real Estate Select Sector SPDR ETF fell 1.5%. Bitcoin declined 2.5% to $79,082, and the yield for 10-year US Treasuries jumped 13.4 basis points to 4.595%. In econ...
Financial stocks declined in late Friday afternoon trading, with the NYSE Financial Index shedding 0.7% and the State Street Financial Select Sector SPDR ETF down 0.3%. The Philadelphia Housing Index shed 2.8%, and the State Street Real Estate Select Sector SPDR ETF fell 1.3%. Bitcoin was declining 2.5% to $79,082, and the yield for 10-year US Treasuries jumped 13.4 basis points to nearly 4.60%...
* Inflationary pressures fuel rate-hike expectations. * Rising US Treasury yields and inflation fears drive dollar strength. * Fed's Williams does not see need to change rate policy. By Chuck Mikolajczak.
US benchmark equity indexes were lower intraday as Treasury yields jumped amid inflation concerns, while oil prices moved higher on the back of renewed Middle East worries. The Nasdaq Composite and the Dow Jones Industrial Average were down 0.8% each at 26,412.7 and 49,658.24, respectively, after midday Friday.
Gold traded lower midafternoon Friday as the dollar and yields climbed on concerns around inflation and concerns the rise in oil prices will force central banks to hike interest rates. Gold for June delivery was last seen down $119.40 to US$4,565.90 per ounce.
Financial stocks declined in Friday afternoon trading, with the NYSE Financial Index shedding 0.5% and the State Street Financial Select Sector SPDR ETF easing 0.2%. The Philadelphia Housing Index was down 3%, and the State Street Real Estate Select Sector SPDR ETF fell 1.4%. Bitcoin was declining 2.5% to $79,348, and the yield for 10-year US Treasuries jumped 12.8 basis points to 4.59%. In eco...
US equity indexes fell amid a surge in government bond yields and crude oil futures in midday trading on Friday as investors weighed the probability of the Strait of Hormuz reopening in the near term. The Nasdaq Composite fell 1.1% to 26,340.3, while the S&P 500 was down 0.9% to 7,433.7 and the Dow Jones Industrial Average was lower by 0.8% to 49,646.5. All sectors except energy fell.
Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index shedding 0.5% and the State Street Financial Select Sector SPDR ETF easing 0.1%. The Philadelphia Housing Index was falling 3%, and the State Street Real Estate Select Sector SPDR ETF dropped 1.4%. Bitcoin was declining 2.5% to $79,348, and the yield for 10-year US Treasuries jumped 12.8 basis points to 4.59%...
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.