Pre-Market Stock Futures:
Futures are trading lower as we prepare to close out the trading week. What a difference a day can make. After a blockbuster rally on Wednesday, the stock market reversed course and sold off on Thursday, and that could carry over into today. While the major indices ended off their midday lows, they all closed lower, with the Nasdaq taking the biggest hit, down 0.72% to 23,685. Only the huge blowout earnings and outstanding forward guidance from Meta Platforms Inc. (NASDAQ: META | META Price Prediction) kept the index from falling much further after Microsoft Corp. (NASDAQ: MSFT) reported very disappointing results. The Dow Jones Industrials finished the day up 0.11% at 49,071, while the S&P 500 was last seen at 6,9679, down 0.13%. After leading the way most of January, the Russell broke a string of five straight down days Thursday to close up 0.05% to finish at 2,654.
Treasury Bonds:
Similar to Wednesday, yields were down across the Treasury curve for many of the same reasons we have seen all week. Concerns about Iran, the weakening dollar, and the potential for a partial government shutdown this weekend all contributed to demand for U.S. government debt. The 30-year bond closed at 4.86%, while the benchmark 10-year note was last at 4.24%.
Oil and Gas:
Oil rose sharply again on Thursday, ostensibly for the same reason as the Treasury market. Still, the main issue confronting the energy complex was the potential for an armed conflict with Iran. We wrote about the situation on Thursday, and you read about it here. Brent Crude led the charge higher, closing up 4.2% at $70.71, while West Texas Intermediate joined the rally and was last seen at $65.65, up 3.5%. Nat gas wasn’t left out of the party, closing up 4.74% at $3.91. This is the February front-month contract for the commodity, which is why the price is lower than it was earlier this week.
Gold:
After what seemed to be forever, Gold finally had a down day after surging higher earlier on Thursday. One thing is for sure: the $5,000 support level is in and strong, as Gold traded below $5,100 during the day before bouncing back to $5,398 at 4 P.M. EST, down just 0.26%. Silver traded the same way, hitting $106, before rebounding to trade at $116.45. Both Gold and Silver are trading down sharply this morning, with Gold down 5.5% and Silver under $100, down 13.95%.
Crypto:
On Thursday, the cryptocurrency market experienced a significant downturn, with major assets dropping amid broader “risk-off” sentiment following Federal Reserve rate decisions and the equity market sell-off. A U.S. Senate committee advanced a bill on crypto market structure on a party-line vote. This aimed to give the CFTC more oversight over spot markets. Shares of Coinbase Global (NASDAQ: COIN) fell for an eighth consecutive session, down 7%. Gemini and other crypto-related firms also saw steep declines. At 8 a.m. EST, Bitcoin is trading at $82,670, while Ethereum was quoted at $2,738.
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Friday, January 30, 2026.
Upgrades:
- Broadcom Inc. (NASDAQ: AVGO) was upgraded to Outperform from Peer Perform at Wolfe Research with a $400 target price objective.
- Circle Internet Group Inc. (NYSE: CRCL) was upgraded to Neutral from Sell at Compass Point, which lowered the target price for the shares to $60 from $75.
- Sandisk Corp. (NASDAQ: SNDK) was raised to Outperform from Market Perform at Raymond James, with a $725 target price.
- Southwest Airlines Inc. (NYSE: LUV) was upgraded to Outperform from Market Perform at BMO Capital, which raised the target price for the legacy low-price carrier to $57.50 from $43.
- Spotify Technologies SA (NYSE: SPOT) was raised to Buy from Neutral at Citigroup with a $650 target price.
Downgrades:
- Codere Online Luxembourg SA (NASDAQ: CDRO) was cut to Hold from Buy at Stifel, which dropped the target price to $8,50 from $9.
- Fractyl Health Inc. (NASDAQ: GUTS) was downgraded to Equal Weight from Overweight at Morgan Stanley, which slashed the target price to $2 from $8.
- Kenvue Inc. (NYSE: KVUE) was cut to Hold from Buy at Jefferies, which trimmed the target price for the share stock to $18 from $23.
- PagSeguro Digital Ltd. (NYSE: PAGS) was downgraded to Neutral from Buy at BTG Pactual with an unchanged $13 target price
- SAP SE (NYSE: SAP) Citizens downgraded the shares to Market Perform from Outperform with a $325 target price objective.
Initiations:
- Aclaris Therapeutics Inc. (NASDAQ: ACRS) was initiated with a Buy rating at Craig-Hallum with a $10 target price.
- Atlas Critical Minerals Inc. (NASDAQ: ATCX) was started with a Buy rating at Alliance Global, with a $42 target price.
- Defenium Therapeutics Inc. (NASDAQ: DFTX) was started with a Buy rating at Jefferies, which has set a $30 target price for the shares.
- Medtronic plc (NYSE: MDT) was initiated with an Outperform rating at CICC with a $121 target price.
- Pulse Biosciences Inc. (NASDAQ: PLSE) was initiated with an Outperform rating at Mizuho with a $25 target price.
Top Gaining Stocks
Top Losing Stocks