Asian shares and US futures advanced Tuesday
Applied MaterialsApplied Materials(US:AMAT) Jamaica·2026-01-07 05:05

Market Overview - Asian shares and US futures advanced, with notable gains in South Korea's Kospi and Hong Kong's Hang Seng, reflecting positive investor sentiment [1][2] - Wall Street experienced broad gains, particularly in energy and banking sectors, with the S&P 500 rising 0.6% to 6,902.05 and the Dow Jones Industrial Average setting a record at 48,977.18 [3][6] Energy Sector - The capture of Venezuelan President Nicolás Maduro by US forces led to increased focus on energy companies, with US crude prices initially rising 1.7% to $58.32 per barrel before falling back [5][6] - Major energy companies like Chevron, Exxon Mobil, and Halliburton saw significant stock price increases, with Chevron jumping 5.1% and Halliburton surging 7.8% [6] Technology Sector - Technology companies, particularly in artificial intelligence, were highlighted during the CES trade show, with Applied Materials rising 5.7% while Nvidia fell 0.4% [9][10] - AI advancements have contributed to market records, with ongoing updates from tech companies expected to clarify the financial implications of AI investments [10] Commodities - Gold prices increased by 0.6% following a 2.8% jump, while silver added 2.7% after a 7.9% rise, indicating a trend towards safe-haven assets amid geopolitical tensions [11] - Bitcoin experienced a decline of 1.5%, falling to $93,700 after reaching its highest level since mid-November [12]

Applied Materials-Asian shares and US futures advanced Tuesday - Reportify