The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all saw gains, with the Dow hitting a record high due to energy and bank stocks rallying. Oil majors like Chevron and ConocoPhillips surged on hopes of Venezuelan reserves access, while big tech companies like Amazon and Apple advanced on AI optimism.

The ousting of Nicolás Maduro in Venezuela fueled a rally in energy stocks and financials, pushing the Dow Jones to a record high. Nvidia and Apple supplier Foxconn reported strong Q4 revenues from AI spending, while investors await Nvidia CEO Jensen Huang’s AI presentation at the Las Vegas CES tech conference.

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Read more at Nasdaq: Stock Market Today, Jan. 5: Dow Hits Record High on Energy Stocks Rally After Venezuela Developments