Futures are like that trading is slow as we prepare for the start of second quarter earnings this week, after a strong week of wins on Wall Street. Renewed strikes against Iran and chip sales weighed on stocks on Monday. All major indices closed higher on Friday, except for the Russell 2000, which ended down 0.43% at 2,979. The S&P 500 ended the week strong, closing at 7,575, up 0.42%, while the tech-heavy Nasdaq was last seen at 26,281, up 0.29%. The Dow Jones Industrials ended at 52,637, up 0.29%.
On Friday he saw The debut of the Korean semiconductor giant SK hynix (NASDAQ: SKYH), which has been on fire as demand for memory has exploded, is driven by AI. Shares ended the day up 12.76% at $168.01. The US company’s initial public offering is the largest share sale by a foreign company in US history, raising nearly $26.5 billion, officially surpassing Alibaba’s (NYSE: BABA) initial public offering of $25 billion in 2014.
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Treasury Bonds:
Sellers returned to the Treasury complex as yields rose across the curve, and the combination of the ongoing situation with Iran and concerns about the government’s deficit, which has widened, are the main factors behind Friday’s weakness. America’s ballooning budget deficit and massive government debt auctions have pushed yields higher, as investors seek higher returns to absorb the huge amount coming into the market. At the final bell, the 30-year Treasury bond closed the session at 5.06%, while the 10-year note was last seen at 4.56%.
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Oil and Gas:
After the jump as it is high on renewed air strikes in iran, oil prices fell moderately on friday as the president said that although the ceasefire has been suspended, peace talks are still going on. Many articles in the last few weeks have emphasized that many Middle Eastern oil producing countries are looking for other ways to move their product and avoid the Strait of Hormuz altogether. When the market closed on Friday, Brent Crude was down 0.39% at $76, while West Texas Intermediate was down 0.72% at $71.56. Natural gas, which had a larger-than-expected inventory last week, closed Friday at $2.94, down 2.46%.
Gold:
After a In a volatile week, Gold and Silver ended Friday quietly. The second quarter of 2026 was Gold’s worst quarter since 2013, down 13%; however, many on Wall Street felt that after a strong rally over the past two years, a period of consolidation was inevitable. This being said, many also think that this is an opportunity for investors who may have been waiting to open positions to participate. With exposure to pure gold, we’ve been hearing it Shares of the SPDR Gold Shares ETF (NYSE: GLD ) is the best option. Gold closed Friday at $4,119, down just 0.08%, while Silver ended at $59.76, down 0.12%.
Crypto:
Cryptocurrency markets increased on Friday, when Bitcoin broke above $64,500 and regained its previous weekly losses. The broader crypto market rose by around 1.4%, as Ethereum approached $1,800, while XRP and Solana also posted strong gains. The rebound was motivated primarily by reducing political tensions in the Middle East.
Crypto related shares followed a sharp rally, led by Join the Internet Group (NYSE: CRCL), which jumped nearly 15% after receiving approval from the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank. At 8 AM EDT, Bitcoin was trading at $62,900, while Ethereum was last quoted at $1,781.
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for investors and traders alike. These daily analyst notes include recommendations about stocks to buy, sell, or avoid, as well as new coverage starts. It is important to remember that no single analyst report should be the sole basis for buying or selling a stock.
Here we are Some of Wall Street analyst’s top picks, downgrades, and starts seen on Monday, July 13, 2026.
Development:
One Medicines (NASDAQ: ONC) was upgraded to Buy from Hold at Jefferies, which raised its price target to $380 from $333.
Biogen (NASDAQ: BIIB) was upgraded to Buy from Hold at Truist Financial, with a price target of $235.
Capital One (NYSE: COF) was upgraded to Buy from Hold at HSBC, with a target price of $229.
Deckers Outdoor (NYSE: DECK ) was upgraded to Buy from Hold at Jefferies, which raised the popular retailer’s price target to $130 from $110.
Shopify (NASDAQ: SHOP) was upgraded to Buy from Hold at Jefferies, which lifted its price target on the stock to $160 from $140.
Reduction:
Best Buy Co (NYSE: BBY) was cut to Hold from Buy at Loop Capital, with an unchanged price of $82.
Kymera Therapeutics (NASDAQ: KYMR) was cut to Sector Perform from Outperform at RBC Capital, which lowered its price target to $115 from $106.
Remodeled (NYSE: RMD) was downgraded to Neutral from Buy at Citigroup, which cut their price target for the stock to $235 from $270.
Papa John’s International (NASDAQ: PZZA ) was downgraded to Underperform from Neutral at Bank of America, which cut its price target for the pizza giant to $34 from $42.
Sezzle (NASDAQ: SEZL ) was downgraded to Market Perform from Outperform at Keefe Bruyette, which raised its price target for the stock to $190 from $115.
Implementation:
The power of Atmos (NYSE: ATO) was initiated with an Overweight rating at Wells Fargo, which has set a target price of $200.
BelFuse (NASDAQ: BELFA) was initiated with a buy rating at Citigroup, with a target price of $325.
CostcoA general store (NASDAQ: COST) was initiated with a Sector Perform rating at RBC Capital, with a $1,000 target on the supermarket giant.
Fastenal Company (NASDAQ: FAST) was initiated with a buy rating from Rothschild & Co Redburn, with a target price of $55.
Walt Disney (NYSE: DIS) was initiated with a buy rating on Benchmark, with a $115 price target for the entertainment behemoth.
Meet America’s Young $1b Unicorn (Sponsor)
The US startup recently passed a private valuation of $ 1 billion, joining private companies OpenAI and ByteDance. Unlike those other unicorns, you can invest in EnergyX right now; but until July 16.
More than 50,000 people already have them, as well as global giants such as General Motors and POSCO.
Here’s why there’s so much interest: EnergyX’s patented technology can recover up to 3X more lithium than traditional methods. That’s a big deal, as demand for lithium is expected to 5X current production levels by 2040. Become a first class EnergyX shareholder before the 7/16 investment deadline.
Contact person editor@247wallst.com for any questions or corrections.
