Wall Street Surges as Military Action and Financial Stocks Fuel Market Rally

Wall Street indexes soared with the Dow reaching record highs, driven by advancements in financial and energy stocks following a U.S. military strike against Venezuela. The market's bullish response was a relief for investors, marking a positive start to the new year despite recent volatility.

Wall Street's major indexes experienced a significant surge on Monday, with the Dow achieving an all-time high. This upswing was primarily driven by soaring financial stocks and a rise in energy firms after the U.S. captured Venezuelan President Nicolas Maduro.

The action against Venezuela spurred investor confidence, with expectations that American companies might gain access to the world's largest oil reserves. Despite this, an embargo on Venezuelan oil remains in effect, as stated by U.S. President Donald Trump.

The uplift in market confidence was evident, with notable gains in heavyweights such as Exxon Mobil and Chevron, as well as in defense-related stocks. This positive shift comes after markets ended 2025's last sessions on a downward trend, highlighting a much-desired market rally.

(With inputs from agencies.)