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FXPRMX

$--
--%
1d
1w
1m

Analysis and statistics

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About

FXPRMX.US is the ticker symbol for the Fidelity eXtended Market Premium Index, which is a hypothetical index designed to represent the performance of stocks in the U.S. equity market, excluding those included in the S&P 500 Index. It's an unmanaged index, meaning there is no actual investment vehicle directly tracking its performance, but it serves as a benchmark for certain investment strategies or to gauge the broader market's movement outside of large-cap stocks. The “.US” denotes that it tracks US-based securities.
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Factors

Interest Rates: Higher US interest rates often strengthen the dollar, potentially lowering FXPRMX.US (inverse relationship).

Economic Growth: Stronger US economic growth can increase dollar demand, possibly decreasing FXPRMX.US.

Inflation: Rising US inflation may weaken the dollar if interest rates don't keep pace, possibly increasing FXPRMX.US.

Risk Sentiment: "Risk-off" sentiment can boost the dollar as a safe haven, potentially decreasing FXPRMX.US.

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