* * Dow and S&P 500 turn slightly positive in late afternoon. * Dollar lower against major currencies. By Caroline Valetkevitch. The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower.
The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower. Chip and other tech-related stocks have been some of the biggest losers this week, while the Nasdaq fell about 3% for the week.
* * Dow and S&P 500 turn slightly positive in late afternoon. * Dollar lower against major currencies. By Caroline Valetkevitch. The Nasdaq ended barely lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower.
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In economic news, the University of M...
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In corporate news, Huntington Bancsha...
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 0.8% to $102,581, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to 4.08%. The University ...
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 1.1% to $102,713, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.07%. In corporate news...
* * Sentiment shifting for AI rally. * Wall Street stocks sharply lower. By Caroline Valetkevitch. Major stock indexes extended sharp declines on Friday, with the Nasdaq on track for its biggest weekly percentage decline since March as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields edged lower again.
* Investors cautious amid lack of fresh economic data. * University of Michigan survey shows consumer sentiment decline. * Potential Supreme Court decision could impact Treasury issuance. By Davide Barbuscia. U.S. Treasury yields were little changed on Friday as investors locked in profits from the previous day's bond rally and looked ahead to a busy week of government debt auctions.
The Nasdaq ended barely lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower. Chip and other tech-related stocks have been some of the biggest losers this week, while the Nasdaq fell about 3% for the week.
The U.S. dollar fell against major currencies including the euro and Swiss franc on Friday as investors sought to balance the Federal Reserve's hawkish tilt against lingering concerns over the U.S. economy. U.S. Treasury yields were slightly lower amid the extended government shutdown in Washington.
Financial stocks were mixed in late Thursday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund easing 0.4%. The Philadelphia Housing Index shed 0.5%, and the Real Estate Select Sector SPDR Fund lost 0.2%. Bitcoin fell 2.7% to $101,256, and the yield for 10-year US Treasuries dropped 6.6 basis points to 4.09%. In economic news, outplacement firm Ch...
* Signs of US labor market weakening push yields lower. * Government shutdown affecting economic outlook, data availability. * Supreme Court decision on tariffs may influence Treasury market. By Davide Barbuscia.
Gold edged higher midafternoon on Thursday as the dollar fell off a six-month high and treasury yields retreated. Gold for December delivery was last seen up US$3.00 to US$3,995.90 per ounce.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index easing 0.3% and the Financial Select Sector SPDR Fund down 0.6%. The Philadelphia Housing Index was shedding 0.7%, and the Real Estate Select Sector SPDR Fund was decreasing 0.2%. Bitcoin was declining 2.4% to $101,421, and the yield for 10-year US Treasuries was dropping 7.4 basis points to 4.08%. In ...
US equity indexes fell midday Thursday, led by the consumer discretionary and technology sectors, after a labor market report showed the highest number of recorded layoffs in October in more than two decades, sending government bond yields tumbling.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index easing 0.3% and the Financial Select Sector SPDR Fund down 0.6%. The Philadelphia Housing Index was shedding 0.7%, and the Real Estate Select Sector SPDR Fund was decreasing 0.2%. Bitcoin was declining 2.4% to $101,421, and the yield for 10-year US Treasuries was dropping 7.4 basis points to 4.08%. In ...
* US Treasury yields drop on concerns over the US economy. * BoE keeps rates unchanged, expected to deliver a cut in December. * Markets see ECB key rate steady through early 2027. By Stefano Rebaudo. Euro zone benchmark Bund yields dropped from their four-week high on Thursday, taking the lead from U.S. Treasuries after the Bank of England decided to keep rates on hold.
* Signs of US labor market weakening push yields lower. * Government shutdown affecting economic outlook, data availability. * Supreme Court decision on tariffs may influence Treasury market. By Davide Barbuscia.
Gold traded higher early on Thursday as the dollar fell off a six-month high and treasury yields retreated. Gold for December delivery was last seen up US$31.70 to US$4,024.60 per ounce.
-What matters in U.S. and global markets today. By Mike Dolan, Editor-At-Large, Finance and Markets. Signs that U.S. economic activity remains brisk helped steady the stocks ship, but this also cast more doubt on why the Federal Reserve needs to ease again next month and that has pushed Treasury yields higher.
By Mike Dolan. Nov 6 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets. Signs that U.S. economic activity remains brisk helped steady the stocks ship, but this also cast more doubt on why the Federal Reserve needs to ease again next month and that has pushed Treasury yields higher.
Euro zone benchmark Bund yields hovered near a four-week high on Thursday, tracking Wednesday's moves in U.S. Treasuries, as investors awaited the Bank of England's policy decision later in the day. Germany's 10-year yields were flat at 2.67% after hitting 2.676% earlier in the session, their highest level since October 10.
Japanese government bond yields tracked U.S. Treasury yields higher on Thursday, while market concerns about fiscal spending resurfaced as the country's new prime minister geared up for measures to support economic growth. The 10-year JGB yield rose 2 basis points to 1.68%. The five-year yield rose 2 bps to 1.24%. Bond yields move inversely to prices.
* Wall Street stocks end higher. * US private payrolls data exceeds expectations. * Bitcoin up after Tuesday's losses. By Caroline Valetkevitch. Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data.
US equity indexes rose on Wednesday as leadership returning to communication services and consumer discretionary signals that the sell-off in the previous trading session represented profit-taking driven by correction warnings rather than a fundamental market shift.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund edged up 0.2%. Bitcoin rose 4.1% to $104,512, and the yield for 10-year US Treasuries rose 6.6 basis points to 4.16%. In economic news, employment in the US pr...
* Economic data erodes confidence in Fed rate cuts. * Treasury considers future increases in coupon debt issues. * U.S. Supreme Court hears arguments on Trump's tariffs. By Davide Barbuscia.
* * US private payrolls data exceeds expectations. * Bitcoin up after Tuesday's losses. By Caroline Valetkevitch. Stock indexes gained on Wednesday as technology-related shares rebounded and as U.S. private payrolls data was stronger than expected, while Treasury yields gained. The Nasdaq was more than 1% higher in late-afternoon trading.
Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index up 0.5% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index fell 0.8%, and the Real Estate Select Sector SPDR Fund edged up 0.2%. Bitcoin rose 4.1% to $104,512, and the yield for 10-year US Treasuries rose 6.6 basis points to 4.16%. In corporate news, Hudson Pacific Propert...
Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 0.7% and the Financial Select Sector SPDR Fund adding 0.5%. The Philadelphia Housing Index fell 0.5%, and the Real Estate Select Sector SPDR Fund edged up 0.1%. Bitcoin rose 2.4% to $103,934, and the yield for 10-year US Treasuries gained 6 basis points to 4.15%. In corporate news, Lemonade shares surg...
* Economic data erodes confidence in Fed rate cuts. * Treasury considers future increases in coupon debt issues. * U.S. Supreme Court hears arguments on Trump's tariffs. By Davide Barbuscia.
AviLease, the jet-leasing company backed by Saudi Arabia's Public Investment Fund, began marketing a U.S. dollar-denominated five-year bond, according to an arranging bank document seen by Reuters on Wednesday. The initial price guidance for the benchmark-sized offering was set at 140 basis points over U.S. Treasuries, the document said.
Euro zone government bond yields dipped on Wednesday, tracking U.S. Treasuries, which rallied as equities markets tumbled on concerns over high valuations, particularly in the tech sector. The European Central Bank's quarterly wage tracker is due later in the session.
Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data. U.S. private payrolls increased?by 42,000 jobs in October, exceeding expectations of a 28,000 gain, according to a Reuters poll of economists.
Major stock indexes gained on Wednesday as corporate earnings and U.S. private payrolls data were stronger than expected, while Treasury yields surged following the day's economic data. U.S. private payrolls increased?by 42,000 jobs in October, exceeding expectations of a 28,000 gain, according to a Reuters poll of economists.
Financial stocks rose in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.3% and the Financial Select Sector SPDR Fund adding 0.5%. The Philadelphia Housing Index increased 0.3%, and the Real Estate Select Sector SPDR Fund climbed 0.2%. Bitcoin fell 6.1% to $100,019, and the yield for 10-year US Treasuries decreased 2 basis points to 4.09%. In corporate news, UBS is gainin...
Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index gaining 0.2% and the Financial Select Sector SPDR Fund adding 0.6%. The Philadelphia Housing Index increased 0.4%, and the Real Estate Select Sector SPDR Fund climbed 0.3%. Bitcoin fell 6.1% to $100,019, and the yield for 10-year US Treasuries decreased 2 basis points to 4.09%. In corporate news, UBS is ga...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was down 0.2%. Bitcoin was falling 5.8% to $100,427.60, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.09%. In cor...
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund adding 0.3%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was down 0.2%. Bitcoin was falling 5.8% to $100,427.60, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.09%. In cor...
* US ADP employment report due on Wednesday. * Benchmark U.S. 10-year yields slip from 3-week high. * Palladium down nearly 2% By Brijesh Patel. Gold prices trimmed losses on Tuesday, helped by a pause in the dollar's rally and lower Treasury yields, while investors waited for U.S. economic data due this week for more cues on the interest rate path.
Major stock indexes dropped on Tuesday, with chip stocks lower as the CEOs of Goldman Sachs (GS) and Morgan Stanley (MS) cautioned that equities could be heading for a pullback, while the dollar climbed to a four-month high against the euro. U.S. Treasuries rose, pushing yields lower, amid a flight to safety,?which also helped to support the dollar.
Financial stocks were lower in late Monday afternoon trading with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund declining 0.4%. The Philadelphia Housing Index dropped 1.6%, and the Real Estate Select Sector SPDR Fund shed 0.1%. Bitcoin fell 3.2% to $106,951, and the yield for 10-year US Treasuries was slightly higher at 4.11%. In economic news, the Institute for...
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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