US equity indexes end lower on Tuesday after the 30-year treasury yield hit a near two-decade high, the chances of an interest rate hike increased and President Donald Trump threatened to resume strikes if Iran fails to reach a peace deal.
Financial stocks were lower in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.5% and the State Street Financial Select Sector SPDR ETF shedding 1.1%. The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was decreasing 0.2% to $76,806, and the yield for 10-year US Treasuries rose 4.4 basis points...
US equity indexes fell as Treasury yields surged and bets favoring higher interest rates jumped amid President Donald Trump's threat to Iran that strikes will resume if Tehran fails to agree on an acceptable deal in talks with Gulf nations.
Financial stocks declined in late Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.5% and the State Street Financial Select Sector SPDR ETF shedding 1.1%. The Philadelphia Housing Index was falling 1.9%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was decreasing 0.2% to $76,806, and the yield for 10-year US Treasuries rose 4.4 basis points t...
Rocket Lab Corp (RKLB) shares are under pressure Tuesday as investors rotate out of space and aerospace names. Space?related equities are losing altitude as the macro backdrop turns more hostile. Yardeni suggested the Fed may abandon its easing stance entirely and shift toward a tightening posture at the June meeting, with a possible 25 basis point hike in July.
US benchmark equity indexes were lower and Treasury yields jumped after midday Tuesday as traders continued to monitor developments in the Middle East. The Nasdaq Composite was down 0.4% at 25,989.8 intraday, while the S&P 500 fell 0.2% to 7,385.
US equity indexes fell after the 30-year Treasury yield hit its highest in just under two decades, while bets favoring interest rate increases jumped amid President Donald Trump's threat to resume strikes if Iran fails to reach a peace deal.
Financial stocks declined in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF off 0.5%. The Philadelphia Housing Index was falling 1.3%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was fractionally lower at $76,933, and the yield for 10-year US Treasuries was up 3 basis points at 4.65%...
* 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 1% on Tuesday on a firmer U.S. dollar and as persistent inflation fears kept interest rate hike expectations and Treasury yields high.
Broad Market Indicators. Broad-market exchange-traded funds IWM and IVV fell. US equity indexes fell in midday trading on Tuesday after the 30-year Treasury yield traded at its highest level in just under two decades and as the Iran standoff continued. Energy. IShares US Energy ETF and the State Street Energy Select Sector SPDR each rose about 0.8%. Technology.
Financial stocks declined in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF off 0.5%. The Philadelphia Housing Index was falling 1.3%, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was fractionally lower at $76,933, and the yield for 10-year US Treasuries was rising 3.2 basis points to...
US equity indexes fell in midday trading on Tuesday after the 30-year Treasury yield traded at its highest level in just under two decades and as the Iran standoff continued.
While Wall Street remains fixated on upcoming NVIDIA Corp (NVDA) earnings, the bond market may be flashing the more important signal. ? NVIDIA (NVDA) stock is showing upward bias.
Yields on longer-dated Treasuries climbed to new highs on Tuesday amid a global market selloff in longer-dated bonds driven by war-related inflation concerns. The 30-year Treasury bond's yield, which is seen as a barometer of political risk, climbed on Tuesday to 5.197%, its highest in 19 years.
The Federal Reserve will respond as needed with its monetary policy operations to any changes in how the Treasury Department manages a large account of cash currently parked at the central bank, Roberto Perli, the Federal Reserve Bank of New York official responsible for implementing monetary policy, said Tuesday.
* 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 on a firmer U.S. dollar and as persistent inflation fears kept interest rate hike expectations and Treasury yields high.
All three major US stock indexes were down in late-morning trading Tuesday, as the 30-year Treasury yield hit its highest level in almost 19 years. The North Atlantic Treaty Organization is considering helping ships pass through the Strait of Hormuz if it doesn't get unblocked by early July, Bloomberg reported Tuesday, citing a senior official in the military alliance.
* TSX down 0.1% * Canada's annual inflation at 2.8% in April. By Tharuniyaa Lakshmi. Canada's main stock index edged lower on Tuesday in choppy trade, weighed by high Treasury yields, while investors parsed fresh data that showed domestic inflation rose in April. At 10:39 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 0.1% at 33,795.69 points.
* 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 closed lower on Tuesday with the Nasdaq leading declines, after the benchmark 10-year Treasury yield climbed to its highest level in more than a year on mounting inflation concerns as oil prices stayed elevated and investors were anxious about the lack of a peace agreement between the U.S. and Iran.
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.
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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