Author Topic: Dow surges 700 points, tops 49K for first time as Maduro capture sets Wall Street cheering  (Read 79 times)

0 Members and 1 Guest are viewing this topic.

Offline rangerrebew

  • TBR Contributor
  • *****
  • Posts: 186,676
Dow surges 700 points, tops 49K for first time as Maduro capture sets Wall Street cheering
By Taylor Herzlich
Published Jan. 5, 2026
 Updated Jan. 5, 2026, 6:21 p.m. ET
 
The Dow Jones Industrial Average skyrocketed Monday — briefly crossing the 49,000 mark to hit an all-time high — after the weekend’s US military strike on Venezuela and capture of dictator Nicolás Maduro.

Investors celebrated the raid, betting that it would give the US access to Venezuela’s rich oil reserves – though some analysts warned sanctions could make it difficult to ramp up oil exports.

The Dow jumped nearly 600 points, or 1.2%, to close slightly below 49,000 after hitting a new intraday high of 49,209 earlier in the session, while the S&P 500 and Nasdaq rose 0.6% and 0.7%, respectively.
 
The blue-chip Dow topped 49,000 for the first time.
 
Shares in Chevron, the only major US oil company currently operating in Venezuela, jumped nearly 8%.

https://nypost.com/2026/01/05/business/dow-surges-700-points-tops-49k-for-first-time-as-maduro-capture-sends-wall-street-cheering/
« Last Edit: January 06, 2026, 08:03:59 am by rangerrebew »
"A great civilization is not conquered from without until it has destroyed itself from within. " -- Ariel Durant

Offline Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 64,868
  • Gender: Male
  • 🌵🌵🌵
Investors celebrated the raid, betting that it would give the US access to Venezuela’s rich oil reserves – though some analysts warned sanctions could make it difficult to ramp up oil exports.

I'd say the decrepit conditions of the oil infrastructure in Venezuela will be a bigger issue than sanctions.  The commies were more interested in looting the wealth from the oil than they were in maintaining the equipment.
I don’t owe tolerance to people who disagree with my existence.
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed:

Offline Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 24,233
  • Gender: Male
Over at MS-13 Now, Joe and his wife Mike are scratching their head over this story.  How can the SM surge after what Trump did. 
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline Cyber Liberty

  • Coffee! Donuts! Kittens!
  • Administrator
  • ******
  • Posts: 64,868
  • Gender: Male
  • 🌵🌵🌵
Over at MS-13 Now, Joe and his wife Mike are scratching their head over this story.  How can the SM surge after what Trump did.

They went to the Cramer School of market analysis.
I don’t owe tolerance to people who disagree with my existence.
I will NOT comply.
 
Castillo del Cyber Autonomous Zone ~~~~~>                          :dontfeed: