Here Are Wednesday’s Top Wall Street Analyst Research Calls: Alibaba, Applied Digital, ARM Holdings, FedEx, Flutter Entertainment, Ulta Beauty, and More
Yahoo Finance·2026-01-21 13:16

Market Overview - The stock market experienced its worst day since October, with all major indices closing significantly lower due to geopolitical tensions and overbought market conditions [2][5] - The Dow Jones Industrial Average fell by 1.76% to 48,488, the S&P 500 decreased by 2.06% to 6,796, and the Nasdaq dropped by 2.4% to 22,954 [2] Treasury Bonds - Treasury yields increased, with the 30-year bond closing at 4.92% (up 8 basis points) and the 10-year note at 4.29% (up 6 basis points) [3] - The selling pressure in the bond market was partly fueled by Denmark's announcement of selling $100 million in U.S. Treasuries, which, although a small amount, created headline risk [3] Oil and Gas - Oil prices showed mixed results, with Brent Crude closing at $63.90 (down 0.06%) and West Texas Intermediate at $59.48 (up 0.24%) [4] - Natural gas prices surged by 26% to close at $3.91 due to severe cold weather affecting the U.S. [4] - Disruptions at Kazakhstan's Tengizchevroil facilities due to power distribution issues raised concerns about supply constraints in the energy market [4] Precious Metals - Energy and precious metals, particularly gold, were among the few bright spots in the market amid the overall downturn [5]

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Alibaba, Applied Digital, ARM Holdings, FedEx, Flutter Entertainment, Ulta Beauty, and More - Reportify