News Results

  1. U.S. regulators reconsider capital hike for big banks, WSJ reports
    Reuters | 09:23 AM EDT

    - The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase's Jamie Dimon, the Wall Street Journal reported on Sunday.

  2. U.S. regulators reconsider capital hike for big banks, WSJ reports
    Reuters | 09:15 AM EDT

    The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase's Jamie Dimon, the Wall Street Journal reported on Sunday.

  3. Wall St Week Ahead-Stock market's record-setting rebound may have further to go
    Reuters | 09:00 AM EDT

    A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week.

  4. GLOBAL MARKETS-Stocks edge up as timing of US rate cuts weighed; copper jumps
    Reuters | 05/17/24 05:47 PM EDT

    * Dow closes above 40,000 level for first time. * Treasury yields rise. * Nickel and copper prices surge; gold also gains. By Caroline Valetkevitch. A world stock index rose for a seventh straight session and U.S. Treasury yields also gained on Friday as investors tried to assess the timing of potential interest rate cuts by the Federal Reserve this year.

  5. Wall St Week Ahead-Stock market's record-setting rebound may have further to go
    Reuters | 05/17/24 05:46 PM EDT

    A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week.

  6. BRIEF-Fitch Says Affirms Spain At 'A-' Outlook Stable
    Reuters | 05/17/24 05:09 PM EDT

    FITCH: * FITCH SAYS AFFIRMS SPAIN AT 'A-'; OUTLOOK STABLE. * FITCH ON SPAIN SAYS EXPECT THAT WITH CENTRE-LEFT GOVERNMENT, FISCAL POLICY WILL CONTINUE TO FAVOUR INCREASED SOCIAL SPENDING. * FITCH ON SPAIN SAYS NEAR-TERM MACROECONOMIC OUTLOOK TO SUPPORT REVENUE GROWTH, BUT MORE MEASURES LIKELY TO BE REQUIRED TO SUPPORT FISCAL CONSOLIDATION Source text for Eikon:

  7. CANADA STOCKS-TSX rises on commodity strength, CPI data in focus next week
    Reuters | 05/17/24 05:04 PM EDT

    * TSX up 0.7% * CPI data on radar next week. * Tilray Brands drops to bottom of TSX. * Materials index leads sectoral gains. By Nivedita Balu. Canada's main stock index rose on Friday to close the week on a high note while hovering near record highs, powered by surging commodity prices as investors await inflation data next week.

  8. Speculative short positions in two-year, 10-year Treasuries fall
    Reuters | 05/17/24 05:03 PM EDT

    Bearish bets on two-year and 10-year Treasuries fell in the week that ended May 14 as yields continued to retreat from the highs they reached in April.

  9. BRIEF-Service Properties Trust Prices An Aggregate Of $1.2 Bln Of Senior Unsecured Notes
    Reuters | 05/17/24 04:58 PM EDT

    Service Properties Trust (SVC): * SERVICE PROPERTIES TRUST PRICES AN AGGREGATE OF $1.2 BILLION OF SENIOR UNSECURED NOTES Source text for Eikon: Further company coverage:

  10. US STOCKS-Wall Street stocks notch weekly gains as investors digest rally
    Reuters | 05/17/24 04:01 PM EDT

    * Reddit (RDDT) gains on OpenAI partnership. * GameStop (GME) expects Q1 revenue to drop, shares tumble. * AMD up as Microsoft (MSFT) offers AMD option to Nvidia AI processors. By Chibuike Oguh and Shristi Achar A. U.S. stocks ended mixed on Friday as investors took a breather after a weeks-long rally underpinned by data that supported expectations for interest rate cuts by the Federal Reserve this year.

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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