All News Results

  • Tesla, gold and the dollar soar--an 'everything rally' has some stock-market investors fearing how it all ends

    'Some of the largest stocks in the world have entered the manic phase': strategist. What happens when everything rises all at once? That's what some investors are scratching their heads about as they look out at the current landscape on Wall Street.

  • Peering Through the Coronavirus Murk Into China's Economy

    Gauging the state of China's economy is tricky at the best of times. Now, the task is even more difficult--and critical--than usual due to the coronavirus outbreak. With most official data for January and February still several weeks away, investors are poring over everything from nitrogen-dioxide emissions to movie-ticket sales and traffic congestion.

  • stock shoots 30% higher as earnings, forecast destroy expectations Inc. (STMP) shares soared 30% higher in after-hours trading Wednesday after the online postage-sales company released fourth-quarter results and a 2020 forecast that belied fears that a divorce from the U.S. Postal Service would destroy its business. (STMP) earned $20.3 million, or $1.13 a share, compared with $42.7 million, or$ 2.30 a share, in the fourth quarter of 2018. Adjusted for one-time items, (STMP) earned $2.12 a share, compared with $3.73 a share a year ago.

  • API data reveal a weekly rise in U.S. crude supplies, but gasoline and distillate stocks decline, sources say

    The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 4.2 million barrels for the week ended Feb. 14, according to sources. The API data, which were delayed by a day because of Monday's Presidents Day holiday, also reportedly showed stockpile declines of 2.7 million barrels for gasoline and 2.6 million for distillates. Inventory data from the Energy Information Administration will be released Thursday.

  • Gold's rise to near 7-year highs feeds talk of a climb to record prices of $2,000 and beyond

    "The markets are in the throes of a weird mix of safe-haven and speculative motivations." Gold prices now trade at their highest levels in almost seven years, as the economic impact of the COVID-19 epidemic in China has raised expectations for stimulus from global central banks to sustain economic growth, feeding talk of record $2,000- an-ounce prices and beyond for the precious metal. "The markets are in the throes of a weird mix of safe-haven and speculative motivations," said...

  • S&P 500, Nasdaq book record close as Fed signals strong economy with one eye on coronavirus

    By Mark DeCambre, MarketWatch, Sunny Oh. Fed policy makers emphasize their hope to provide some rate stability for markets and the economy after three rate cuts in 2019. The S&P 500 and Nasdaq finished at all-time highs Wednesday as investors were encouraged by comments from the Federal Reserve and measures China says it has taken to help coronavirus-stricken businesses.

  • Can stocks keep soaring as the U.S. dollar surges? What investors need to know

    Dollar Index trades at more-than-2-year high as stocks hit records. Here's a market conundrum: A surging dollar doesn't appear to be putting the brakes on an equity rally that's pushed major U.S. indexes to all-time highs despite some periodic volatility tied to worries about China's COVID-19 epidemic. A rapidly strengthening U.S. dollar can be a source of discomfort for stock-market investors for a few reasons.

  • Fed officials more upbeat about the economic outlook this year, minutes show

    Indicators of recession risk were no longer flashing concern. Federal Reserve officials and the central bank's staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wednesday. The risks to the outlook were more favorable than had appeared at their meeting in mid-December.

  • *Nasdaq up nearly 85 points, 0.9%, at new all-time high

    (END) Dow Jones Newswires 02-19-20 1600 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Treasury yields inch higher after Fed minutes

    Treasury yields moved slightly higher Wednesday after the Federal Reserve said it was upbeat on the economy despite growing concerns around the outbreak of COVID-19. The 10- year Treasury note yield traded up 1.4 basis points to 1.569%. The 2- year note yield inched 1.4 basis points higher to 1.424%, while the 30- year bond yield edged 0.9 basis point up to 2.015%.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.