Market indexes surged today as the U.S. invasion of Venezuela boosted investment in the oil & gas sector. The Dow hit a record high of 48,977, gaining +594 points. Oil refiners like Valero and oilfield services giant SLB saw significant increases. Additionally, Latin American e-commerce giant MercadoLibre rose +8.8%. Citigroup shares also climbed, with banks expected to benefit from deregulation in 2026.

NVIDIA CEO Jensen Huang is currently delivering the keynote address at CES, focusing on AI infrastructure development. ISM Manufacturing reported a drop in December to 47.9%, the lowest since October. Despite this, new orders and backlogs improved, making it a mixed report. Investors are looking for new opportunities after rotating out of AI-heavy gains in 2025.

Read more at Nasdaq: Markets Risk-On with Venezuela News, Deregulation