Here Are Monday’s Top Wall Street Analyst Research Calls: Apple, Autodesk, Chevron, Circle Internet, McDonald’s, Microsoft, Micron Technology, Spotify, and More

Market Overview - Futures are trading lower following a significant risk-off Friday, with all major indices declining due to profit-taking and concerns over monetary policy after President Trump's appointment of Kevin Warsh as the next Federal Reserve Chairman [2] - The Producer Price Index for final demand increased by 0.5%, marking the largest rise in months, with a 3.0% annual increase, indicating persistent inflation [2] - The Nasdaq saw the largest decline, closing down 0.94% at 23,461, while the Dow Jones finished at 48,892, down 0.36%, and the S&P 500 closed at 6,939, down 0.43% [2] Treasury Bonds - Yields across the Treasury curve were mixed as the market reacted to Kevin Warsh's appointment, with Wall Street favoring his selection for maintaining the Federal Reserve's independence and a strong inflation stance [3] - The 30-year bond yield closed at 4.88%, while the 10-year note was at 4.25% [3] Oil and Gas - The energy sector experienced a slight pullback but still rose, supported by concerns over potential armed conflict with Iran [4] - Brent crude finished up 0.46% at $69.91, and West Texas Intermediate rose 0.54% to $65.77, while natural gas surged 11.38% to close at $4.36 due to frigid weather and a potential bomb cyclone [4] Precious Metals - Precious metals faced a significant sell-off, with gold and silver prices dropping sharply after a period of substantial gains, attributed to profit-taking [5] - Gold closed at $4,872, down 9.41%, and silver finished at $84.50, down 27%, marking the worst day for silver since 1980 [5] Upcoming Earnings - The new trading month begins with a focus on upcoming earnings reports from major companies, including Alphabet, Amazon.com, and Palantir Technologies, following a solid January [6] - The recent sell-off in precious metals and technology earnings disappointments are likely to influence investor sentiment moving forward [6]