News Results

  1. Bitcoin, Ethereum, XRP, Dogecoin Spike 1% After Expected Rate Cut
    Benzinga | 03:44 PM EST

    Bitcoin is spiked briefly to $94,000 after the Federal Reserve cut interest rates by 25 basis points. Notable Statistics: Notable Developments: Trader Notes: Crypto trader Michael van de Poppe said traders are sticking to the standard FOMC playbook ? avoid leverage, avoid trading the announcement, expect the first move to be a head-fake, and wait for the real trend to form in the following days.

  2. AST SpaceMobile (ASTS) Shares Surge Amid Fed Rate Cut
    Benzinga | 03:30 PM EST

    AST SpaceMobile Inc (ASTS) shares are trading higher Wednesday afternoon, climbing 3.6% immediately following the Federal Reserve?s decision to cut interest rates by 25 basis points. What To Know: The Fed?s move to lower the federal funds target range to 3.5%-3.75% has ignited a rally across high-beta sectors, including space technology.

  3. J.P. Morgan Is Turning $4.6 Billion In Mutual Funds Into ETFs ? Here's Why It Matters
    Benzinga | 02:39 PM EST

    J.P. Morgan Asset Management is about to engage in some serious product renovation, announcing plans to turn four U.S. mutual funds into ETFs next year. These proposed conversions represent approximately $4.6 billion in assets as of Oct 31, and encompass municipal bond, preferred securities, and equity strategies-what the firm describes as ideal ETF candidates.

  4. The Fed Cuts Rates By 0.25% Again, But A New Divide Is Taking Shape
    Benzinga | 02:12 PM EST

    The Federal Reserve cut interest rates by 25 basis points to 3.5%?3.75%, delivering a third consecutive reduction that met expectations but exposed a widening policy divide?within the central bank. Policymakers decided to ease borrowing costs again, even as inflation remains elevated, citing a softer labor market as the reason.

  5. Carvana Stock Rises Ahead Of Fed Decision
    Benzinga | 12:30 PM EST

    Carvana Co (CVNA) stock is trading higher Wednesday as markets brace for a pivotal Federal Reserve decision that is widely expected to deliver a third consecutive interest rate reduction. What To Know: While CME FedWatch data indicates a 25-basis-point cut is nearly fully priced in for the Dec. 10 meeting, analysts caution that the real market mover will be the central bank's forward guidance.

  6. JPMorgan Shares Rise Ahead Of Fed Decision: Why A 'Hawkish Cut' May Ignite The Bank's Next Rally
    Benzinga | 11:19 AM EST

    JPMorgan Chase & Co (JPM) shares are trading higher Wednesday morning as investors position themselves ahead of Wednesday afternoon?s pivotal Federal Reserve decision. While a 25-basis-point cut is nearly fully priced in, the real market mover will be the potential for a ?hawkish cut,? a scenario where the Fed eases slightly but signals a potential pause in 2026.

  7. Passive Returns Meet Innovation In The ProShares Nasdaq-100 High Income ETF
    Benzinga | 08:19 AM EST

    Since late October, gold's remarkable rally encountered? a steep correction ? a victim of both risk-off sentiment in the technology sphere, along with concerns that the Federal Reserve would adopt a more pensive approach to monetary policy. Still, shortly after Halloween, sentiment has been steadily marching higher.

  8. Fed Guaranteed To Cut Interest Rates? Polymarket, Kalshi Bettors Expect Nearly 100% Chance As Jerome Powell Takes Center Stage
    Benzinga | 05:10 AM EST

    Cryptocurrency bettors are almost certain that the?Federal Reserve?will enact a quarter-point interest rate cut at the end of its December meeting on Wednesday. The?odds?of a 25 basis-point cut stood at 97%?on the decentralized prediction platform?Polymarket, up from 70% only a month ago.

  9. Will Mortgage Rates Really Fall After The Fed's Interest Rate Cut?
    Benzinga | 04:07 AM EST

    Mortgage rates are unlikely to plunge after this week's Federal Reserve meeting, but borrowers could see a slow, uneven drift lower rather than an immediate break, economists and housing forecasters say.

  10. Dow Tumbles Over 150 Points Ahead Of Fed Meeting: Investor Fear Eases, Greed Index Remains In 'Fear' Zone
    Benzinga | 02:04 AM EST

    The CNN Money Fear and Greed index showed some easing in the overall fear level, while the index remained in the ?Fear? zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the Dow Jones index falling over 150 points during the session ahead of the interest-rate decision by the Federal Reserve.

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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