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Fidelity Overseas Fund

FOSKX · NASDAQ

Market closed$74.69$-0.540000 (-0.72%)

Key statistics

Previous close$75.23
Open$74.69
Day high$74.69
Day low$74.69
52-week high$78.45
52-week low$67.06
Market cap7.82B
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%

Market context

Why it moved

FOSKX declined modestly today amid broad market softness, as no specific catalyst was identified, with the muted trading volume suggesting limited investor activity driving the slight pullback from the previous close.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Fidelity Overseas Fund closed lower, pressured by a broad global tech selloff that weighed on international equity markets, with the Nasdaq falling sharply on semiconductor-led weakness following TSMC's spending forecast and reports of a new Chinese AI model rattling chip investors. The fund's overseas exposure faced additional headwinds from risk-off sentiment tied to escalating Middle East conflict and a notable 3% decline in Mitsubishi UFJ Financial Group (MUFG), reflecting Bank of Japan policy caution and yen volatility—key dynamics for international fund performance. Despite a strong Q2 earnings backdrop for U.S. financials, the AI-driven concentration in domestic markets has left overseas-focused strategies navigating a divergent environment where international financial stocks showed mixed results.

-1.6072

July 16, 2026Fidelity Overseas Fund edged slightly lower, closing modestly down as global equity markets faced late-session tech-driven selling pressure. The fund's international equity exposure is navigating a complex backdrop: China's Q2 GDP missed expectations at 4.3% growth amid oil shock headwinds, while Hong Kong's Hang Seng outperformed with a 1.5% gain on rotation into financials and consumer shares. Meanwhile, the broader financial services sector—reflected in XLF trading near 52-week highs—benefited from a blowout Q2 earnings season on Wall Street, with Goldman Sachs, BlackRock, and major banks posting strong results on record trading and dealmaking activity.

-0.3312

July 15, 2026Fidelity Overseas Fund closed essentially unchanged amid a broadly constructive backdrop for global equities. The fund's financial services sector peers saw a strong day as BlackRock beat Q2 forecasts with record iShares inflows surpassing $6 trillion in AUM, while Goldman Sachs and Morgan Stanley posted blowout Q2 results driven by record trading revenue and surging investment banking fees. Broader market sentiment was supported by a cooler-than-expected June CPI print, though investors remain watchful of renewed US-Iran tensions, persistent inflation risks, and a softening Chinese GDP reading—all key factors for internationally-focused funds.

-0.2628

July 14, 2026Fidelity Overseas Fund closed modestly lower as a confluence of macro headwinds weighed on international equity exposure. Escalating US-Iran tensions rattled global markets, with oil surging to one-month highs after the ceasefire collapsed and the Strait of Hormuz faced renewed disruption threats—a headwind for overseas-focused funds navigating geopolitical risk. A softer June CPI print (3.5%) provided some relief mid-session, helping the S&P 500 recover, but financial services stocks broadly underperformed amid Morningstar warnings of AI disruption risks and cracks in private credit weighing on sector sentiment.

-0.8277

July 8, 2026Fidelity Overseas Fund fell sharply as a broad global risk-off selloff swept international markets after President Trump declared the U.S.-Iran ceasefire memorandum 'over,' triggering a surge in oil prices of over 5% and sparking fears of renewed Strait of Hormuz supply disruptions. The fund, which holds significant exposure to international equities including European and Asian markets, faced compounded pressure as global indexes retreated—with Tokyo, Mumbai, and Wall Street all declining—while renewed inflation concerns from elevated crude prices weighed further on investor appetite for overseas equity exposure.

-3.005

July 6, 2026Fidelity Overseas Fund (FOSKX) gained 2% on July 6 as global equities broadly advanced, with Wall Street extending its rally into the second half of 2026. International markets, including India's Sensex, posted a fourth straight session of gains driven by banking and financial stocks, while U.S. markets were lifted by a semiconductor rebound—Bank of America calling the recent chip sector pullback a 'healthy reset'—and easing oil prices tied to U.S.-Iran ceasefire progress. Investors are now focused on upcoming Fed minutes and Q2 earnings season, with S&P 500 companies projected to deliver over 24% year-on-year earnings growth.

2.0042

July 2, 2026Fidelity Overseas Fund (FOSKX) closed modestly lower, pressured by a cautious macro backdrop ahead of the June U.S. jobs report and a broader pullback in global equities. Investor sentiment was weighed down by renewed chip-sector weakness following reports that Meta is entering the AI cloud business and OpenAI achieved efficiency gains in model inference, sparking concerns over reduced demand for new semiconductor hardware. As an internationally focused equity fund, FOSKX faces additional headwinds from a strengthening U.S. dollar and rising Federal Reserve rate-hike expectations, which have dampened the relative appeal of overseas assets. The XLF financial sector ETF held relatively steady, edging down just 0.04% in after-hours trading.

-0.9032

June 30, 2026Fidelity Overseas Fund (FOSKX) gained nearly 2% on the final trading day of the first half of 2026, buoyed by a broad global equity rally as U.S.-Iran ceasefire diplomacy progressed and international markets posted strong quarterly gains. The FTSE 100 notched its sixth consecutive quarterly gain, European financials rallied, and the S&P 500 wrapped up its best quarterly performance in years — all tailwinds for an internationally focused equity fund navigating a macro landscape shaped by easing geopolitical risk, AI-driven growth optimism, and a weakening yen that adds currency complexity to overseas holdings.

1.9603

Seeking Alpha · June 4, 2026Fidelity Overseas Fund Q1 2026 Commentary (FOSFX)Cryptonews.net · May 13, 2026Fidelity International launches Moody’s-rated tokenized fund on ChainlinkPrivate Banker International · March 2, 2026China greenlights cross-border funds for Fidelity and JPMorgan AM – reportBloomberg.com · February 4, 2026Fidelity Fund That Sold Gold Before Crash Is Ready to Buy Again

Peers

S&P 500SPX · $7,457.69-1.01%Fidelity Small Cap Growth FundFCPGX · $42.56+0.09%Fidelity Dividend Growth FundFDGFX · $48.58-0.86%Fidelity Emerging Markets FundFEMKX · $57.22-1.51%Fidelity Growth Discovery FundFGDKX · $75.54-1.37%Fidelity International Growth FundFIGFX · $24.15-0.98%Fidelity International Small Cap FundFTISX · $37.76-0.89%