Fidelity Balanced Fund Q2 2025 Commentary
2025-07-25 20:40:00 ET
Market Review
U.S. stocks returned -4.27% in the first three months of 2025, according to the S&P 500 (SP500), (SPX)* index, as post-election optimism gave way to investor concern about the impact of a flurry of executive actions by the new administration, disruption to government programs and a spike in uncertainty stemming from shifting policy priorities, especially related to trade and tariffs. Amid rising volatility, the index gained 4.64% through February 19, but then sharply reversed course and returned-8.51% through quarter end, particularly dragged down by growth stocks and smaller-caps....
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Fidelity Balanced Fund Q2 2025 CommentaryNASDAQ: ROE
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