Horizon Wealth Management

2025/01/24

Wall St set for lower open with focus on economic data; Boeing declines

Boeing down on warning of bigger-than-expected Q4 loss Verizon rises on higher-than-expected Q4 subscriber additions American Express falls after Q4 results S&P January PMI data awaited Futures off: Dow 0.23%, S&P 500 0.17%, Nasdaq 0.17%

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2025/01/23

S&P 500 notches closing record with focus on Trump comments, earnings

Jan 23 (Reuters) - The benchmark S&P 500 rose to a record closing high on Thursday, as investors assessed a mixed bag of corporate earnings and digested comments from President Donald Trump, including a call for cuts in interest rates and oil prices. At the World Economic Forum in Davos, Switzerland, Trump demanded that OPEC lower oil prices and that central banks reduce interest rates, while he warned global business leaders they will face tariffs for products made outside of the U.S.

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2025/01/23

EA shares slump after soccer game misses goal

Jan 23 (Reuters) - Electronic Arts shares (EA.O), opens new tab sank more than 15% on Thursday, tripped up by a surprise slowdown in spending on the soccer franchise that has shaped its gaming empire. The videogame maker debuted its newest soccer title, "FC 25", in September, the latest in a series of top sellers. But this version did not get the warm reception its predecessors did, denting revenue in the live services segment, EA's biggest earner.

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2025/01/22

Global industrial, tech stocks rally on Trump's AI investment push

MILAN/PARIS, Jan 22 (Reuters) - Global industrial and technology stocks including Oracle and Schneider Electric rallied on Wednesday after U.S. President Donald Trump unveiled a massive artificial intelligence investment push. Trump on Tuesday announced a private-sector investment of up to $500 billion to fund AI infrastructure, sparking interest in stocks that help build the architecture behind the technology. Oracle (ORCL.N), opens new tab, one of the companies involved in the effort, jumped more than 9.5% in U.S. early market trading. Other AI-linked firms in the U.S. including chip giant Nvidia (NVDA.O), opens new tab, Broadcom (AVGO.O), opens new tab and Arm gained between 2% and 6.5%.

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2025/01/22

Morning Bid: They do know Stargate is sci-fi, right?

A look at the day ahead in European and global markets from Stella Qiu Day two of Donald Trump's second presidency culminated in an announcement that OpenAI, SoftBank Group (9984.T), opens new tab and Oracle (ORCL.N), opens new tab will form a venture called Stargate and invest $500 billion in AI infrastructure across the United States, though how much of that was already long planned is anyone's guess. It shares its name with a 1994 sci-fi movie and long-running TV series, in which Stargate is a device providing instantaneous travel between distant planets.

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2025/01/21

Trump's first day in office gets mixed reception from US stocks

Jan 21 (Reuters) - Tesla, prison operators and other notable "Trump trades" were volatile on Tuesday as investors assessed a blitz of executive orders by President Donald Trump within hours of taking the oath of office. Trump laid out sweeping plans to maximize oil production, curb immigration and impose tariffs as he started his second term as the U.S. president on Monday. Some "Trump trades", or bets on what the president will do, rose on Tuesday while others tumbled as investors braced for more volatility under Trump 2.0.

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2025/01/20

Trump's new meme coin soars on his first day in office, lifts other tokens

Trump meme coin soars in value Launches raise regulatory and ethical concerns, analysts say Trump company says Trump won't be involved in family businesses Bitcoin's price rallies, sets record

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2025/01/17

Stocks rally to close out strong week, await Trump policies

Barclays lifts PTs on Nvidia, Broadcom Qorvo surges on Starboard stake Intel climbs on takeover speculation Indexes up: Dow 0.78%, S&P 1%, Nasdaq 1.51%

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2025/01/16

Wall Street slips after rally as earnings, data eyed

Morgan Stanley up after higher Q4 profits UnitedHealth falls on missing quarterly sales estimates Investors parse retail sales, jobless claims data Indexes off: Dow 0.16%, S&P 0.21%, Nasdaq 0.89%

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2025/01/16

Wall Street could get a boost from $1 trillion in buybacks, Goldman says

LONDON, Jan 16 (Reuters) - Investors have been hoping Donald Trump's return to the White House next week will boost the U.S. stock market, while Goldman Sachs sees stocks benefiting from the biggest expected company buybacks in at least five years. A corporate repurchase window, when companies can buy their own stock, begins Jan 24. Goldman strategist Scott Rubner told clients in a note sent on Wednesday and seen by Reuters on Thursday that companies that make up 45% of the value of the entire S&P 500 (.SPX), opens new tab could be allowed to buy back their shares.

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2025/01/15

Wall St surges as inflation data, bank earnings fuel rally

US consumer prices rise slightly above expectations in Dec JPMorgan, Wells Fargo, Goldman Sachs post higher Q4 profits Israel, Hamas reach peace deal to end Gaza war, officials say Indexes up: Dow 1.65%, S&P 500 1.83%, Nasdaq 2.45%

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2025/01/15

US SEC sues Elon Musk over late disclosure of Twitter stake

SEC says Musk profited at other investors' expense Musk's lawyer says billionaire did nothing wrong Musk has suggested disclosure delay was a mistake

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2025/01/14

S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed

US producer prices rise moderately in December Boeing dips following low 2024 jet deliveries report Eli Lilly falls after weak sales forecast for weight-loss drug Dow up 0.52%, S&P 500 up 0.11%, Nasdaq down 0.23%

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2025/01/13

Stocks mostly ease as yields rise; investors weigh rate cut outlook

Nasdaq ends lower, S&P 500 ends up slightly Investors lower expectations on Fed easing in 2025 Market watchers await US CPI data, due Wednesday

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2025/01/10

Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data

Wall Street stocks trade lower U.S. yields hit highest since November 2023 European shares finish down U.S. dollar index reaches highest since November 2022 Crude prices jump after U.S. unveils fresh Russia sanctions

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2025/01/10

US insurers slump as Los Angeles wildfire loss estimates hit $20 billion

Estimates for insured losses rise as LA wildfires continue Analysts see U.S. insurers reevaluating California pricing Forecast for total economic losses as high as $150 bln California's Insurance Commissioner uses moratorium powers to protect homeowners

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2025/01/09

Swiss central bank sees 2024 profit at record $88 billion as gold, stock prices jump

Highest profit since central bank set up in 1907 Big gains for stocks and gold boost result First shareholder, government payouts since 2022

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2025/01/09

Fed can soothe Trump or Treasuries, not both

LONDON, Jan 9 (Reuters) - Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high." It can't do both and will likely opt to tackle the former, potentially setting up a running verbal battle with the White House over the coming year. The surge in U.S. Treasury borrowing rates in the first weeks of 2025 can no longer be dismissed as just natural ebb and flow around the latest economic updates.

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2025/01/08

Gold climbs after weaker-than-expected private payrolls data

Dec Fed minutes show uncertainty about Trump policies to cloud economic outlook US nonfarm payrolls report due on Friday Fed's Waller: More cuts likely though timing depends on inflation progress

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2025/01/08

Tariffied? Markets feeling the most pinch from Trump tariff risks

LONDON, Jan 8 (Reuters) - From China to Europe, Canada to Mexico, world markets are already reeling from Donald Trump's promise to jack up tariffs when he becomes U.S. president in less than two weeks. Trump has pledged tariffs of as much as 10% on global imports and 60% on Chinese goods, plus a 25% import surcharge on Canadian and Mexican products, duties that trade experts say would upend trade flows, raise costs and draw retaliation.

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