Here are Tuesday’s Best Wall Street Analyst Research Calls: Block, Comcast, Fortinet, Goldman Sachs, Honeywell, Klarna, Logitech, Scorpio Tankers, Trade Desk, and More Quick Read – The Dow hit a record 52,182 and the Nasdaq surged 2% Monday as Iran ceasefire talks fueled broad…
ins across all major indices. – Block (XYZ) scored a double upgrade to $100 at Piper Sandler while Trade Desk (TTD) was slashed to Sell with an $11.60 target at Arete. – Bart Melek of TD Securities predicts gold will dip to $3,900 before surging to $5,300 by year-end 2026 on persistent inflation. – Pre-Market Stock Futures: Futures are trading higher after a big start to the holiday-shortened trading week, which saw every index trade higher, after the small-cap Russell 2000 eked out a tiny gain on the close, finishing up 0.01% at $3010, and still leads all the major indices in 2026, up over 20%. The tech-heavy Nasdaq exploded higher, closing up 2.07% at 25,820, while the S&P 500 also saw strength, closing the session at 7,440, higher by 1.18%
The venerable Dow Jones Industrial Average closed at a record high of 52,182, up 059% on the day, with a nice move higher from new member Alphabet (NASDAQ: GOOGL). Positive news on the Iran war, with negotiators meeting today in Qatar, and an announced end to hostilities between the two nations, was the backdrop for a very solid day for stocks. We could see more fireworks before the weekend 4th of July fireworks, as end-of-quarter reallocations and window dressing could skew volatility and trading volume higher.
Treasury Bonds: Yields were mixed across the Treasury curve on Monday, as some light buying came in on the long end, while there was selling across the belly and shorter maturities. Traders will continue to watch the situation in Iran. They will also be waiting for the May employment numbers scheduled for Thursday, as the markets are closed for the Federal 4th of July holiday on Friday.