Horizon Wealth Management

2025/05/07

Stocks rise in choppy trade after Fed keeps rates unchanged

Fed keeps rates steady but eyes rising price, unemployment risks U.S., China to discuss trade in Switzerland at weekend Dollar rises, European stocks fall U.S. stock indexes end choppy session higher with late rally

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2025/05/07

US, China to hold ice-breaker trade talks in Geneva on Saturday

Bessent, Greer will hold trade talks with China's He Lifeng Stock markets lifted by prospect of tensions easing U.S.-China tariffs "the equivalent of an embargo", Bessent says China injects new monetary stimulus to combat tariff blow

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2025/05/06

S&P 500 futures rise on trade deal optimism

U.S. stock futures rose late on Tuesday after it was announced that Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer would meet with China's top economic official later this week in Switzerland. S&P 500 <ESc1> and Nasdaq futures <NQc1> were up about 1%, signaling that traders expect Wall Street to open higher on Wednesday morning, the latest sharp move in several weeks of uncertainty related to President Donald Trump's global trade war.

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2025/05/05

S&P 500 snaps 9-session win streak after latest Trump tariff

Berkshire Hathaway falls after Buffett to step down as CEO US service sector picks up in April Skechers jumps after $9 billion take-private deal Indexes off: Dow 0.24%, S&P 500 0.64%, Nasdaq 0.74%

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2025/05/02

Block's shares tumble after 2025 profit forecast cut defies sector trends

shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit forecast cut raised concerns about the payment firm's key businesses. The selloff wiped off nearly $8 billion from the Jack Dorsey-led company's market value. At least eight brokerages reduced their price targets on the stock, citing weakness in the company's peer-to-peer Cash App and mounting competition.

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2025/05/01

Gold slips to 2-week low on trade talk hopes, China holiday

Trump says 'potential deals' with India, South Korea, Japan possible U.S. economy shrinks in first quarter of fiscal 2025 U.S. nonfarm payroll report due on Friday

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2025/04/30

Meta, Microsoft reports lift AI-related stocks

Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms (META.O), opens new tab and Microsoft (MSFT.O), opens new tab results beat Wall Street expectations. The reports appeared to boost demand for shares in AI chip leader Nvidia Corp (NVDA.O), opens new tab, which rose 2.8% in late trading, and chip rival Advanced Micro Devices (AMD.O), opens new tab, which rose 2%.

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2025/04/29

HSBC becomes latest brokerage to cut S&P 500 annual target below 6000 mark

April 29 (Reuters) - HSBC on Tuesday became the latest global brokerage to slash its year-end target for the S&P 500 index (.SPX), opens new tab below the 6000 mark, weighed down by slower U.S. economic growth and tariff-related pressure on corporate earnings. The London-based brokerage cut its target to 5600 from 6700, which is in line with BofA Global Research's forecast.

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2025/04/28

Take Five: Trump's first 100 days

April 25 (Reuters) - Donald Trump is nearing the 100-day mark of his second presidency and investors are no closer to figuring out how to trade his policies, nor do central bankers have much clarity on how their economies may be affected. Additionally, earnings season is ramping up, there's crucial U.S. jobs data, a Canadian election and a litmus test for the health of the euro zone.

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2025/04/25

Stocks rise with tech-related shares, notch weekly gains; dollar up

Dollar edges up against euro and yen Alphabet rises on better-than-expected profit Nasdaq ends up more than 1%

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2025/04/24

Drugmakers brace for Trump tariffs with production shifts

Companies consider production shift Roche in talks for import tariff exemptions Merck includes $200 million tariff impact in outlook Levies could disrupt supply chain, patient access, firms warn

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2025/04/23

Stocks, dollar climb, gold sinks as US says China tariffs not sustainable

US stocks end higher amid tariff optimism Trump softens tone on Fed Chair Powell Dollar bounces against euro, other currencies

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2025/04/22

Gold takes a breather after hitting $3,500 on higher stocks, stronger dollar

Bullion hits record high of $3,500.05/oz U.S. dollar up 0.7% U.S. Treasury Secretary says tariff standoff with China unsustainable

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2025/04/21

Wall St ends sharply lower following Trump's anti-Powell tirade

Indexes down: Dow 3.19%, S&P 500 3.27%, Nasdaq 3.48% Trump's criticism of Powell raises concerns over Fed's independence Sino-U.S. trade tensions deepen, affecting global tariff negotiations Tesla slips after report of delay in Model Y launch FIS jumps after brokerage upgrade

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2025/04/20

Wall St Week Ahead: Busy US earnings week confronts market grappling with tariff fallout

Tesla, Alphabet first of Magnificent 7 megacaps set to report Boeing, Merck, Intel among other companies due next week Focus also on Fed, after Trump slams chair over rates

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2025/04/17

Pluxee doubles margin growth forecast for 2025, shares jump

French voucher and benefits company Pluxee (PLX.PA), opens new tab doubled its margin growth forecast for 2025 on Thursday, as strong new client acquisitions drive performance exceeding the targets set in its three-year strategic plan. The company's shares rose 12% by 0839 GMT, topping the SBF 120 (.SBF120), opens new tab index of Paris' most traded stocks.

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2025/04/16

Global chipmakers feel the pinch of Trump's shifting trade policy

Global chip stocks were battered on Wednesday on fresh evidence of how U.S. President Donald Trump's shifting trade policy was complicating the outlook for semiconductor and computing giants, including AI pioneer Nvidia (NVDA.O), opens new tab and its rival AMD (AMD.O), opens new tab. Attempts to reorient global trade through tariffs and export curbs have started to show the effect as Nvidia warned of a $5.5 billion hit after Washington restricted exports of its AI processor tailored for China, while Dutch chip-making tools giant ASML raised doubts about its outlook.

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2025/04/15

Wall Street ends down slightly; tariff uncertainty keeps investors on edge

Bank of America gains after higher Q1 profit Uncertainty over the outlook for tariffs still high Indexes: Dow down 0.4%, S&P 500 down 0.2%, Nasdaq down 0.1%

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2025/04/15

Gold climbs as softer dollar, tariff tensions buoy demand

Gold hit record high of $3,245.42 on Monday Dollar languishes near three-year low Palladium rises more than 1%

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2025/04/14

Citigroup downgrades US equities, cuts S&P 500 target below 6000 on tariff concerns

April 14 (Reuters) - Citigroup downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year as it expects tariff uncertainty to hurt corporate America's earnings. Citi joined a string of brokerages, including Goldman Sachs and BofA, in slashing their benchmark index target below the 6000 mark.

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