Stock market today: Dow jumps 600 points to record, S&P 500 and Nasdaq rally as oil stocks surge after Venezuela strike
Yahoo Finance·2026-01-05 21:00

Group 1 - US stocks experienced a rise, with the Dow Jones Industrial Average increasing by approximately 1.2%, surpassing 49,000 for the first time, while the S&P 500 and Nasdaq Composite both rose by about 0.6% [1][2] - The US military action in Venezuela led to optimism in the oil sector, with Chevron's stock increasing by 5% and Halliburton's stock jumping over 8% due to potential benefits from rebuilding Venezuela's energy infrastructure [2] - TSMC shares surged after Goldman Sachs raised its price target, anticipating another year of solid growth, while Foxconn reported record fourth-quarter revenue driven by strong AI product demand [4] Group 2 - The AI sector is showing a strong start to the year, coinciding with the CES tech show in Las Vegas, highlighted by Nvidia CEO Jensen Huang's keynote address [5] - Investors are preparing for a return to normal economic data flow, with a crucial jobs report expected to show payroll growth of about 55,000 in December [5]

Stock market today: Dow jumps 600 points to record, S&P 500 and Nasdaq rally as oil stocks surge after Venezuela strike - Reportify