Here Are Wednesday’s Top Wall Street Analyst Research Calls: DHL Group, NetApp, Nutanix, Oracle, Snowflake, Urban Outfitters, Zscaler and More

Core Viewpoint - The stock market experienced a rally as hopes for a December rate cut increased, influenced by geopolitical developments and economic indicators [2][5]. Stock Market - Major indices closed higher, with the Dow Jones up 1.43% to 47,012, the S&P 500 up 0.91% to 6,765, and the NASDAQ up 0.67% to 23,025 [2]. - The initial downturn was triggered by news of Alphabet Inc. negotiating to sell its custom AI chips to Meta Platforms Inc., which negatively impacted NVIDIA Inc., causing it to drop nearly 3% [2]. Treasury Bonds - Treasury yields decreased across the curve, with a significant rise in expectations for a rate cut from 20% to 80% [3]. - The 30-year Treasury bond closed at 4.66%, while the 10-year note closed at 4% [3]. Oil and Gas - Oil prices fell due to reports of Ukraine accepting terms for a peace accord with Russia, leading to concerns over a supply glut [4]. - Brent Crude closed at $62.47, down 1.42%, and West Texas Intermediate closed at $57.93, down 1.55% [4]. - Natural gas prices also declined, closing at $4.39, down 3.5% [4].