DJIA Rises Nearly 600 Points to Reach New High, Driven by Energy and Banking Stocks

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Jan 05 2026

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Source: aastocks

US Operation in Venezuela: The US conducted a surprise operation in Venezuela, arresting President Nicolas Maduro, who pleaded not guilty in court, leading to a positive market reaction without significant geopolitical concerns.
Market Performance: The DJIA reached an all-time high, closing up 594 points, while the S&P 500 and Nasdaq also saw gains, reflecting investor optimism.
Energy Sector Gains: Energy stocks surged as investors anticipated benefits from the reconstruction of Venezuela's oil infrastructure, with Chevron and ExxonMobil among the biggest beneficiaries.
Financial Sector Growth: Financial stocks rose, driven by expectations of strong US economic growth, with major banks like Goldman Sachs and U.S. Bancorp experiencing notable increases in their stock prices.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.