News Results

  1. US STOCKS-S&P 500 directionless after Trump's tax-cut bill narrowly wins House vote
    Reuters | 12:22 PM EDT

    * Indexes up: Dow 0.12%, S&P 500 0.14%, Nasdaq 0.64% * Bill passes in 215-214 vote, sent to US Senate. * 30-year Treasury yields at fresh 19-month high. * Alphabet hits nearly three-month high. * Solar stocks fall on fears of subsidies ending. By Shashwat Chauhan and Kanchana Chakravarty.

  2. Airbnb banks on Tour de France deal to boost French market, eyes luxury experiences
    Reuters | 11:59 AM EDT

    Airbnb (ABNB) said on Thursday a new partnership with the Tour de France will boost its rental business across rural France, as it seeks to build on the success of last year's Paris Olympics at a time of lower demand in the U.S. The vacation rental company this month forecast softening demand in its top market as an erratic U.S. trade policy hurts consumer sentiment.

  3. G7 draft calls for tackling 'excessive imbalances' in global economy
    Reuters | 11:35 AM EDT

    * G7 addresses non-market policies undermining economic security. * Draft communique hints at China's economic practices. * G7 considers increased sanctions on Russia over Ukraine conflict. By David Lawder and Promit Mukherjee.

  4. Mexico inflation rises past central bank target in early May
    Reuters | 10:45 AM EDT

    Mexico's headline inflation rose more than expected in the first half of May, data from the national statistics agency showed on Thursday, jumping outside the central bank's target range for the first time this year.

  5. G7 draft calls for tackling 'excessive imbalances' in global economy
    Reuters | 10:26 AM EDT

    Finance ministers and central bank governors from the Group of Seven nations pledged to address "excessive imbalances" in the global economy, according to a draft communique on Thursday.

  6. G7 draft pledges tackling 'excessive imbalances' in global economy, Bloomberg News reports
    Reuters | 10:18 AM EDT

    Finance ministers and central bank governors from the Group of Seven nations pledged to address "excessive imbalances" in the global economy, Bloomberg News reported on Thursday, citing a draft communique. The finance leaders said there was a need for a common understanding of how "non-market policies and practices" undermine international economic security, Bloomberg News reported.

  7. US STOCKS-S&P 500 slightly down after Trump's 'big, beautiful' tax bill wins House vote
    Reuters | 10:17 AM EDT

    * Indexes: Dow down 0.17%, S&P 500 down 0.14%, Nasdaq up 0.15% * Bill passes in 215-214 vote, sent to US Senate. * 30-year Treasury yield at fresh 19-month high. * Snowflake shines after raising revenue forecast. * Solar stocks fall on fears of green-energy subsidies ending. By Shashwat Chauhan and Kanchana Chakravarty.

  8. TREASURIES-US 30-year yields hit 19-month high tax on fiscal, debt supply concerns
    Reuters | 10:10 AM EDT

    Longer-dated Treasury yields gained on Thursday with 30-year yields reaching the highest in 19 months as a worsening fiscal outlook for the United States raises concerns about demand for U.S. government debt.

  9. US existing home sales unexpectedly fall in April
    Reuters | 10:08 AM EDT

    U.S. existing home sales unexpectedly fell in April despite a temporary drop in mortgage rates and increased supply, and could remain lackluster this year amid rising economic uncertainty. Home sales slipped 0.5% last month to a seasonally adjusted annual rate of 4.00 million units, the National Association of Realtors said on Thursday.

  10. US existing home sales unexpectedly fall in April
    Reuters | 10:00 AM EDT

    * Existing home sales fall 0.5% in April. * Median house price rises 1.8% to $414,000 from year ago. U.S. existing home sales unexpectedly fell in April despite a temporary drop in mortgage rates and increased supply, and could remain lackluster this year amid rising economic uncertainty.

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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