Overview
- The S&P 500 gained 0.7%, the Dow added 639 points (1.3%), and the Nasdaq rose 0.8% in morning trading.
- Crude rallied after reports that U.S. forces captured President Nicolás Maduro in a weekend raid, with U.S. oil up 1.4% to $58.13 and Brent up 1.2% to $61.50.
- Energy and related shares outperformed, with Chevron up 5%, Exxon Mobil up 2%, and defense names such as Lockheed Martin (+2.5%) and General Dynamics (+2.8%) rising.
- President Trump floated involving U.S. oil companies in rebuilding Venezuela’s industry, while a U.S. embargo on Venezuelan oil remains in place.
- Gold rose 2.8% and silver jumped 8% as safe-haven trades firmed, Treasury yields held near 4.18% on the 10-year and 3.46% on the two-year, and CES kept AI leaders like Nvidia and Intel in focus.