Market Overview - Futures are trading mixed with NASDAQ leading higher after a rally on Friday due to strong earnings and a successful meeting between President Trump and Chinese President Xi Jinping [1] - Investors are focused on economic data for insights into the Federal Reserve's potential December rate cut, with expectations for a cut decreasing from 90% to 67% [1] Treasury Bonds - Treasury yields are modestly lower, with the 10-year Treasury yield closing at 4.08%, pausing its recent rally [2] - Concerns about future inflation expressed by Fed officials have created uncertainty regarding a December rate cut [2] Oil and Gas - Benchmark crude oil prices ended slightly higher, with WTI at $60.98 and Brent Crude at $64.77 [3] - Gasoline prices reached a one-month high, and natural gas futures hit a six-month peak, influenced by U.S. crude inventory decreases and geopolitical tensions [3] Gold - Gold prices traded lower due to profit-taking, a stronger dollar, and reduced hopes for a December rate cut [4] - Analysts suggest gold could consolidate around $4,000 per ounce, with recommendations for a 5%-10% allocation in equity accounts [4] Cryptocurrency - The cryptocurrency market saw a recovery with Bitcoin trading above $110,000 and Ethereum at $3,880, following a sharp sell-off earlier in the week [5] - US-China trade tensions and hawkish signals from the Federal Reserve had previously impacted the market [5]
Here are Monday’s Top Wall Street Analyst Research Calls: Apple, Cisco Systems, Costco, Meta Platforms, NVIDIA and More
Yahoo Finance·2025-11-03 14:20