Here Are Wednesday’s Top Wall Street Analyst Research Calls: AbbVie, Amazon.com, Biogen, EchoStar, Ferrari, GE Vernova, PepsiCo, Take-Two Interactive, and More

Federal Reserve and Interest Rates - The Federal Reserve is expected to announce a 25-basis-point rate hike during its last meeting of 2025, with concerns about a potential "hawkish rate cut" that could affect future cuts [2][5] - Traders are focused on the implications of sticky inflation and a slowly improving job outlook, which may influence the tone of Chairman Powell's commentary [5] Stock Market Performance - Major indices showed mixed results, with the Dow Jones Industrial Average down 0.38% at 47,560, the S&P 500 flat at 6,840, and the Nasdaq up 0.13% at 23,576 [2] Treasury Bonds - Treasury yields were mixed, with a strong demand for a $58 billion auction of 3-year notes, indicating a good appetite for shorter-term debt [3] - The 30-year bond yield finished at 4.81%, while the benchmark 10-year note was at 4.19% [3] Oil and Gas Market - Oil prices continued to decline due to abundant supplies and expectations of slowing demand, with Brent Crude at $62.05 (down 0.70%) and West Texas Intermediate at $58.35 (down 0.90%) [4] - Iraq's restoration of production at the West Qurna 2 oilfield added approximately 460,000 barrels per day to global supply, impacting market dynamics [4] - Natural gas prices fell significantly, closing at $4.56, down 7.21% due to profit-taking and weather-related factors [4]