US EditionAsian Stocks Extend Record Rally While Oil, Dollar Drift
Global equities climbed on AI tech gains despite geopolitical tensions after U.S. raid in Venezuela; copper hit record highs and crude oil prices eased, market data showed.
- On Tuesday, most Asian markets rose, following Wall Street's first record of the year as AI-linked tech investors drove gains and oil prices steadied after the surprise U.S. raid on Caracas.
- US manufacturing activity contracted for a 10th straight month in December, giving the Federal Reserve more room to consider easing, while equity momentum and liquidity expectations supported technology sector investors.
- U.S. Comex copper reached an all-time high on Monday, prices rose to records in London and Shanghai amid a Chilean mine strike, while the Topix index jumped 1.3% and MSCI's Asia-Pacific index climbed 0.4%.
- The Dow Jones Industrial Average closed at a new record, helped by rallies in tech giants and energy names, and U.S. President Donald Trump plans to meet U.S. oil executives later this week to discuss boosting Venezuelan production.
- Observers warn that Venezuela's production ramp will take years due to infrastructure and political uncertainty, while traders expect two Federal Reserve interest rate cuts this year and watch the monthly US jobs report due on Friday.
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38 Articles
Times of India
The Economic TimesVenezuela’s stock market soars 50% in a day after Maduro’s arrest. What's behind the rally?
Global markets reeled after a dramatic U.S. strike on Venezuela led to the arrest of President Nicolas Maduro, sharpening investor focus on political change and oil flows. A deal to export up to $2 billion of Venezuelan crude to the U.S. weighed on oil prices, even as equities surged, reviving debate over whether the rally marks lasting re-rating or familiar volatility.
Global stock markets extend record run, oil eases
NEW YORK, United States — Global stock markets advanced on Tuesday to fresh record highs while oil prices eased. Investors were tracking developments surrounding crude-rich Venezuela as well as the outlook for the global economy. Geopolitical concerns triggered by the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro and his wife taken to New York. Some major stock markets brushed this off and have begun the new y…
ABC FOX Montana
Markets extend global rally amid optimistic outlook, oil dips
Most Asian markets rose Tuesday, tracking the year's first record on Wall Street as investors racked up AI-linked tech bets, while oil prices steadied after whipsawing following the ouster of Venezuelan President Nicolas Maduro.
Oil prices fall back on Monday in a market questioning the impact of the U.S. operation in Venezuela, while Tokyo and Seoul Stock Exchanges flew away, driven by tech values against a backdrop of strong optimism for 2026. The post-Markets: oil questions Venezuela, technology makes the Asian stock exchanges appear first on LesEco.ma.
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