Stock prices rise as investors are optimistic about Maduro’s ouster – US Market Wrap

US equities closed higher on Monday, with buyers snapping up tech shares despite the capture of Venezuela’s President Nicolas Maduro, which fueled concerns about global risk. Oil prices soared, as did gold.
The Nasdaq 100 Index rose 0.8%, with tech-focused megacaps such as Amazon and Tesla leading the way. The benchmark S&P 500 Index followed suit, increasing 0.6% as oil and financial stocks rose, while the Dow Jones Industrial Average set a new record. Bitcoin was up almost 3%.
Brent crude climbed as markets assessed the consequences of the events in Caracas. Chevron shares rose alongside other US oil giants after President Donald Trump proposed a US-led rebirth of Venezuela’s sector.
The positive attitude in big tech equities was reflected in Asia, where a regional indicator reached an all-time high. Qualcomm gained ground in US trading after announcing an expansion of its push into the market for processors, which are at the heart of personal computers.
In bond markets, the 10-year Treasury yield dipped to 4.16% after data released Monday morning revealed that US manufacturing activity decreased by the most in December since 2024.