Pre-Market Stock Futures:
Futures are trading higher as investors return to a holiday-shortened trading week after a record-setting Friday, when the S&P 500, which posted its eighth straight weekly gain, and the Dow Jones Industrial Average both posted new all-time highs, closing at 7,473 and 50,579, respectively. Not to be left behind, the Nasdaq closed at a record high of 26,343. The small-cap-heavy Russell 2000 did not hit a record high, but it shared in the across-the-board rally, finishing the session at 2,869. The hopes for a settlement with Iran have been the driving force behind the strong rally, as first-quarter earnings, which are all but over, came in better than expected, with 85% of companies beating Wall Street analysts’ expectations.
Treasury Bonds:
Yields were mixed across the curve, but the maturities that saw the biggest buying were from the belly of the curve to the long end. The 30-year bond, which hit levels not seen in almost 20 years early last week, finished the day at 5.06%, while the benchmark 10-year note was last seen at 4.56%. Bond traders scooped up the long end as the yield had touched 5.18% earlier in the week.
Oil and Gas:
Hopes for an end to the conflict with Iran sent oil prices spiraling lower Friday. Positive comments from President Trump on progress in peace negotiations are helping to cut into the huge war premium that had sent prices higher, which was cited as the chief reason for the big decline. Brent Crude finished the day at $96.14, down 7.15%, while West Texas Intermediate finished at $90.30, down 6.52%. With Memorial Day marking the unofficial start of summer and the busy summer driving season, investors cheered the drop in crude prices. Natural gas had a solid day Friday, closing up 0.21% at $2.92.
Gold:
Gold closed the week on a solid note in front of the holiday weekend, as traders were also positive on the geopolitical news. Gold was last seen at $4,569, up 1.35%, and Silver finished at $77.95, up 3.38%. Some traders have noted that both precious metals have traded in a tight range for the last few months and could be poised for a big breakout higher.
Crypto:
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 Tuesday, May 26, 2026.
Upgrades:
- Albermarle (NYSE: ALB | ALB Price Prediction) was raised to Buy from Hold at Vertical Research, with a $224 target price objective.
- Booz Allen Hamilton (NYSE: BAH) was upgraded to Buy from Hold at Jefferies, which trimmed the target price for the shares to $110 from $115.
- Occidental Petroleum (NYSE: OXY) was upgraded to Overweight from Equal Weight at Barclays, with a $72 target price.
- Okta (NASDAQ: OKTA) caught a double upgrade and was raised from Sell to Buy at Arete, with a $127 price target.
- Travelers Companies (NYSE: TRV) was upgraded to Neutral from Underweight at JPMorgan, which bumped the target price for the insurance giant to $322 from $316.
Downgrades:
- BayCom (NASDAQ: BCML) was downgraded to Neutral from Buy at DA Davidson, with a $34 target price.
- Cigna Group (NYSE: CI) was downgraded to Equal Weight from Overweight at Barclays, which trimmed the price target for the shares to $304 from $310.
- Expand Energy (NASDAQ: EXE) was cut to Equal Weight from Overweight at Barclays, with a $110 target price.
- Intel (NASDAQ: INTC) was downgraded to Market Perform from Outperform at Northland, without a target price.
- Vodafone Group (NYSE: VOD) was cut to Underperform from Neutral from Buy at Bank of America, which dropped the target price for the European communications giant to $13.13 from $15.55.
Initiations:
- Dave (NASDAQ: DAVE) was initiated with a Buy rating at UBS, with a $300 target price.
- DT Midstream (NYSE: DTM) was initiated with an Outperform rating at Scotiabank, which has a $176 target price for the shares.
- GE Vernova (NYSE: GEV) was initiated with a Buy rating at Huatai Research, which has a $1,174 target price.
- Nucor (NYSE: NUE) was initiated with an Outperform rating at CICC, with a $263 target price.
- Pershing Square USA (NYSE: PSUS) was started with a Buy rating at Jefferies, without a price target.