The stock market started the first full trading week of the second quarter on a positive note.

Investors and analysts will be anxiously awaiting first-quarter earnings results that will start in earnest next week with the large money center banks.

The one issue that will continue to weigh on stocks is oil prices, which remain above $110.

If you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more here

Futures are trading lower on Tuesday morning after investors returned from the three-day Easter weekend to find a stock market ready to rally after some promising news on the war in Iran and a sense, among some across the financial world, that the market had put in a new bottom. Ed Yardeni, one of Wall Street's best prognosticators, said that the next two trading days will determine if the bottom he called is indeed in. All of the major indices saw solid gains Monday, though not the explosive type of rally we saw last week, and it was a positive way to start the first full trading week of the second quarter. The small-cap heavy Russell 2000 led the way for most of the day, closing at 2,542 up 0.47%, and the tech-heavy Nasdaq finished higher for the 4th straight day at 21,996 up 0.54%. The S&P 500 closed the session at 6,611, up 0.44%, while the Dow Jones Industrial Average was last seen at 46,669, up 0.36%.

Yields were lower across the great bulk of the treasury curve on Monday, with only some light selling of the shortest maturities. Jamie Dimon from JPMorgan warned that higher interest rates and the potential for an inflation rebound are issues to watch in the coming months. While any spike could be temporary, the longer oil stays above $110, the greater the chance of an inflation comeback. The 30-year long bond closed the day at 4.89%, while the benchmark 10-year note closed at 4.34%.

If you're focused on picking the right stocks and ETFs you may be missing the bigger picture: retirement income. That is exactly what The Definitive Guide to Retirement Income was created to solve, and it's free today. Read more here

The trend in oil prices remains the same: they moved higher again on Monday for the same reasons. With no clear resolution in sight for the war and passage through the Strial of Hormuz still compromised, the path of least resistance was higher for the major benchmarks. Brent Crude closed trading at $109.60, up 0.49%, while West Texas Intermediate finished trading at $112.50, up 0.84%. Natural gas was modestly higher at $2.80, up 0.14%.

Gold started the week on the downside after some strong moves higher last week, so a combination of short covering last week and profit-taking this week reset the table for the precious metals. Top analysts noted that a strengthening US dollar and rising U.S. Treasury yields, fueled by last Friday's strong labor market data, have dimmed prospects for Federal Reserve rate cuts. Meanwhile, escalating geopolitical tensions in the Middle East stoked inflation fears, prompting investors to turn to bonds rather than gold. Gold finished the day at $4,6451, down 0.52%, while Silver fared better, last seen at $72.84, essentially unchanged.

Crypto markets rebounded on Monday, with Bitcoin temporarily reclaiming the $70,000 level for the first time since late March, a key psychological threshold for traders. The rally was broadly fueled by growing optimism around a potential Middle East ceasefire, which eased geopolitical anxieties and rekindled appetite for risk-on assets. As tensions showed signs of cooling, investors rotated back into higher-risk, growth-oriented positions, with Bitcoin's recovery above $70,000 reinforcing near-term bullish sentiment across the broader crypto market. At 8 AM EDT this morning, Bitcoin was trading at $68,400, while Ethereum was trading at $2,088.

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, April 7, 2026.

Arista Networks Inc. (NYSE: ANET) was upgraded to Buy from Neutral at Rosenblatt, with a $180 target price.

MercadoLibre Inc. (NASDAQ: MELI) was upgraded to Buy from Hold at Jefferies, which lowered the target price for the stock to $2,600 from $2,800.

Morgan Stanley (NYSE: MS) was upgraded to Buy from Neutral at UBS, which nudged the target price to $196 from $195.

Rocket Lab Corp. (NASDAQ: RKLB) was raised to Outperform from Market Perform at Citizens, with an $85 target price.

Wingstop Inc. (NASDAQ: WING) was upgraded to Buy from Neutral at Citigroup, with a $239 target price objective.

Arm Holdings Plc. (NASDAQ: ARM) was downgraded to Equal Weight from Overweight at Morgan Stanley, with the target price raised to $150 from $135.

Bio-Rad Laboratories Inc. (NYSE: BIO) was downgraded to Neutral from Buy at Citigroup, which has a $300 target price objective, down from $375.

Insulet Inc (NASDAQ: PODD) was cut to Neutral from Buy at Citigroup, which chopped the price target to $230 from $338.

Lennar Corp. (NYSE: LEN) was downgraded to Sell from Buy at Seaport Research, which slashed the target price for the homebuilder to $74 from $140.

Wix.com Ltd. (NASDAQ: WIX) was cut to Market Perform from Outperform at Citizens, without a price target.

Ameriprise Financial Inc. (NYSE: AMP) was assumed with a Neutral rating at Piper Sandler, which lowered the target price for the stock to $460 from $530.

Madison Square Garden Entertainment Corp. (NYSE: MSGE) was initiated with a Buy rating at BTIG, which has a $70 target price for the shares.

National Fuel Gas Company (NYSE: NFG) was started with an Overweight rating at KeyBanc, which has a $110 target price for the company.

Permian Resources Corp. (NYSE: PR) was initiated with an Overweight rating at KeyBanc, with a $25 target price.

Tractor Supply Company (NASDAQ: TSCO) was reinstated with a Neutral rating at Bank of America, with a $47 target price.

 

Most investors spend years learning how to pick good stocks and funds. Far fewer have a clear plan for turning those investments into a reliable retirement paycheck. The truth is, the transition from “building wealth” to “living on wealth” is one of the most overlooked risks facing successful investors in their 50s, 60s and 70s.

That is exactly what The Definitive Guide to Retirement Income was created to solve. It’s a free guide that outlines the straightforward math and strategies you need to convert your investments to income. Learn more here.