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3 Top Fidelity Mutual Funds to Buy Ahead of 2026
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3 Top Fidelity Mutual Funds to Buy Ahead of 2026
The U.S. market remained positive ahead of the holiday season, carrying forward the momentum despite mixed economic signals, earlier in the month. Investors found confidence after the Federal Reserve brought down key interest rates to the range of 3.50-3.75% in three consecutive rate cuts of a quarter basis point each month through December.
The third-quarter Gross Domestic Product (GDP) beat Street expectations and increased at a strong annualized rate of 4.3% against 3.8% in the second quarter, the fastest since the third quarter of 2023. Robust consumer spending and a sharp rebound in exports contributed the most. Consumer spending increased at a 3.5% rate in the third quarter, after advancing at a 2.5% pace in the April-June period.
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