Overview
- The Dow closed at a record on Monday as energy and financials outperformed, with Chevron up about 5% and Exxon Mobil roughly 2% higher.
- Oil prices gave back part of Monday’s gains on Tuesday after an initial spike, as traders judged that any Venezuelan supply revival would take time and investment.
- President Donald Trump said Venezuela was under temporary American control and is set to meet U.S. oil executives this week to discuss boosting the country’s production.
- Asian and European equities advanced and U.S. futures were steady to mixed, while gold and silver held recent safe-haven gains logged after the weekend raid.
- India’s benchmarks were volatile and slightly lower, with Nifty near 26,200 and Sensex in the mid‑85,000s, pressured by weakness in information technology and oil & gas stocks.