Horizon Wealth Management

2025/02/28

Gold set to record worst week in three months on robust dollar

US PCE at 0.3% in January Gold still poised for second straight monthly gain Silver, platinum, palladium set for monthly losses

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2025/02/28

US consumer spending posts first drop in almost two years

Consumer spending drops 0.2% in January PCE price index increases 0.3%; up 2.5% year-on-year Core PCE inflation rises 0.3%; gains 2.6% year-on-year Goods trade deficit jumps 25.6% to record $153.3 billion

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2025/02/27

Why the US exceptionalism trade is faltering

Weakening US consumer, business indicators signal caution S&P 500 underperforms global rivals this year, dollar down from Jan peak Tech sector struggles weigh on US stock performance

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2025/02/26

Morning Bid: Confidence-sapped stocks find foothold as Nvidia awaited

A look at the day ahead in U.S. and global markets from Mike Dolan Hit by draining consumer and business confidence amid uncertainty about Washington's economic policies, Wall Street stock indexes are all tripping into the red for 2025 - with the slide stalling for now, awaiting megacap Nvidia's earnings today. The latest sideswipe from main street has unnerved stock, bond and credit markets across the piece.

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2025/02/25

Wall Street ends mixed in the face of mounting uncertainties

Consumer confidence posts biggest drop in 3-1/2 years Nvidia dips ahead of Wednesday earnings Lilly up on launching higher-dose, discounted Zepbound vials Indexes: Dow up 0.37%, S&P 500 off 0.47%, Nasdaq down 1.35%

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2025/02/24

Nasdaq, S&P 500 fall as AI caution weighs on tech, Nvidia results in focus

Nike gains after Jefferies upgrades to 'buy' Berkshire Hathaway hits record high after record Q4 profit Nvidia, Microsoft close lower Indexes: Dow up 0.08%, S&P 500 down 0.50%, Nasdaq down 1.21%

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2025/02/22

Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash

Buffett says Uncle Sam should take care of less fortunate Washington warned to avoid 'fiscal folly' Operating profit sets record, annual meeting shortened

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2025/02/21

Wall Street ends sharply lower on mounting concerns over economy, tariffs

Indexes post steep weekly percentage losses Consumer sentiment sours, inflation expectations rise UnitedHealth drops after report of DOJ investigation Indexes down: Dow 1.69%, S&P 500 1.71%, Nasdaq 2.20%

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2025/02/20

Morning Bid: Trade and Ukraine tensions mount, with Fed twist

A look at the day ahead in U.S. and global markets from Mike Dolan World markets were subdued on Thursday by simmering trade tensions and Washington's attempt to undermine its Ukrainian ally, while the Federal Reserve surprised with talk of slowing its balance sheet runoff at its recent meeting. A messy week of conflicting geopolitical, trade and central banking headlines has seen renewed tariff threats from President Donald Trump, a bizarre twist in U.S./Russia talks to end the Ukraine war and mix of interest rate cuts and hawkishness in global monetary policy.

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2025/02/19

Gold eases as dollar holds ground, focus on Trump tariffs

Gold hit a record high of $2,946.85/oz earlier in the session Trump says he will introduce 25% tariffs on autos Fed wary of inflation at its January meeting as firms eyed price hikes

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2025/02/18

S&P 500 ekes out all-time closing high as Fed minutes eyed

Constellation Brands jumps after Berkshire discloses stake Intel up after report Broadcom, TSMC eye deals to split it Meta Platforms snaps 20-session winning streak Fed's January meeting minutes due on Wednesday Indexes up: Dow 0.02%, S&P 500 0.24%, Nasdaq 0.07%

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2025/02/18

Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds rush to embrace AI

Tiger Brokers integrates DeepSeek-R1 model into its AI chatbot Chinese brokers, funds rush to capitalize on DeepSeek breakthrough AI to reshape China's financial industry, boosts IT spending, UBS says

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2025/02/17

Ukraine ceasefire hopes offer Europe's markets a tailwind in the shadow of tariffs

Euro, stocks perk up on potential for Ukraine ceasefire Market impact depends on extent of Russian gas flow recovery Optimism may be not enough to ease tariff fears

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2025/02/16

Wall St Week Ahead Walmart to shed light on consumer health as inflation bites, tariffs swirl

NEW YORK, Feb 14 (Reuters) - Walmart's quarterly report in the coming week will give investors fresh insight into the health of U.S. consumers, who are facing stronger inflation and uncertainty over whether President Donald Trump's tariffs will push up prices. The benchmark S&P 500 stock index (.SPX), opens new tab was up about 1% for the week, with stocks showing resilience despite a hot report on consumer prices that led investors to push back expectations of further interest rate cuts this year.

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2025/02/14

Wall Street ends mixed; Nvidia lifts Nasdaq

Airbnb rises on upbeat quarterly results DaVita falls after Q4 results; Berkshire Hathaway cuts stake January retail sales at -0.9% MoM vs -0.1% estimate S&P 500 -0.01%, Nasdaq +0.41%, Dow -0.37%

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2025/02/13

Wall Street ends higher after Trump unveils tariff plan

Trade Desk falls on downbeat Q1 revenue forecast MGM Resorts up after Q4 results beat estimates White House says tariffs could come in weeks S&P 500 +1.04%, Nasdaq +1.50%, Dow +0.77%

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2025/02/12

Gold steadies as trade war concerns lend support

US consumer price index jumped 0.5% last month Bullion off a record high of $2,942.70 hit on Tuesday Trend remains positive for gold amid trade concerns - analyst

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2025/02/11

Morning Bid: Powell and Steel, with AI in play

A look at the day ahead in U.S. and global markets from Mike Dolan Old and new economy stocks keep Wall Street pumped up this week as tech and steel sectors advance on a mix of tariff news and an artificial intelligence buzz, with Treasuries in thrall to Federal Reserve boss Jerome Powell's latest trip to Congress. U.S. President Donald Trump raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions," in a move he hopes helps struggling U.S. firms in the sector but which risks sparking a multi-front trade war.

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2025/02/10

Investors return to new-look Middle East, but Trump causes some concern

Historic political shake-up of region encouraging investors Ceasefire expected to take pressure off Israel's finances Major funds increasing positions in Egypt Hopes for resolution of Lebanon's crisis driving up its bonds

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2025/02/09

Wall St Week Ahead Inflation data to test market as tariff talk swirls

NEW YORK, Feb 7 (Reuters) - A fresh look at the pace of inflation will test the U.S. stock market in the coming week, as investors worry that President Donald Trump's tariff plans are endangering Wall Street's hopes for interest rate cuts this year. The benchmark S&P 500 (.SPX), opens new tab remained about 1% below record-high levels, even as stocks were whipsawed this week by headlines over Trump's plans to impose tariffs on the largest U.S. trading partners.

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