Stock market today: Dow jumps 600 points to record, S&P 500 and Nasdaq rally as oil stocks surge after Venezuela strike
Shares in major US oil refiners rallied on Monday as the industry priced in a potential opportunity for the refiners to benefit from the Trump administration’s ouster of Venezuelan leader Nicolás Maduro.
Gulf Coast-based Valero Energy Corporation (VLO) led the way up, gaining more than 10%.
Read MoreStock Market Live January 5: S&P 500 (VOO) Rising On First Trading Day After Venezuela Raid
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Prediction: The S&P 500 $1 Trillion Club Will Double Between 2026 and 2030
Several companies could see massive gains by 2030 to join the vaunted club.
The number of S&P 500 companies in the $1 trillion club has grown substantially since Apple became the first U.S. company to surpass $1 trillion in market capitalization in August 2018.
At the time of this writing,
» Read more about: Prediction: The S&P 500 $1 Trillion Club Will Double Between 2026 and 2030 »
Read MoreStock Market Today, Jan. 5: NuScale Power Surges on Nuclear Policy Tailwinds
Today, Jan. 5, 2026, nuclear policy discussions, surging volumes, and dilution risks collide in this fast-evolving SMR story.
NuScale Power
Today’s Change
(15.14%) $2.47
Current Price
$18.78
Key Data Points
Market Cap
$4.6B
Day’s Range
$17.34 –
» Read more about: Stock Market Today, Jan. 5: NuScale Power Surges on Nuclear Policy Tailwinds »
Read MoreDow Jumps More Than 250 Points: Investor Sentiment Improves, Fear & Greed Index Moves To 'Neutral' Zone
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Thursday.
U.S. stocks settled mixed on Thursday, with the Dow Jones index gaining more than 250 points.
The Burst
Is This Old Buffett Favorite Now Worth Buying?
Once upon a time Wells Fargo was beloved by Warren Buffett. Despite scandal after scandal plaguing the company, his conviction couldn’t be shaken, until finally the accumulation of issues appeared to spark a sell.
As a reminder, here are the scandals that rocked Wells Fargo over the years:
- September 2016: The fake account scandal
- September 2016: Improperly repossessing service members’ cars
- December 2016: Wells Fargo fails its ‘living will’ test
- March 2017: More fake accounts
- March 2017: Flunked community lending test
- April 2017: Whistleblower wins $5.4 million and his job back
- August 2017: Lawsuit over overcharging small business retailers
- February 2018: Sacramento sues over discrimination against black and Latino borrowers
- March 2018: Wealth management investigation emerges
- April 2018: $1 billion settlement for mortgage locks and auto-loan issues
- May 2018: Altering business information without client knowledge
- May 2018: $480 million to settle securities-fraud lawsuit
- June 2018: SEC fine for leading investors astray
- July 2018: Refunds over add-ons like pet insurance and legal services
- August 2018: Hundreds of houses foreclosed on due to computer glitch
- August 2018: Wells Fargo pays $2.1 billion for its role in housing bubble
- March 2019: Wells Fargo among advisors sanctioned by SEC for fee-disclosure practices
Since Buffett offloaded his position,
» Read more about: Is This Old Buffett Favorite Now Worth Buying? »
Read MoreThe Ivy
Is Buffett Primed To Pounce On a Crash?
In 2024, value investing legend Warren Buffett did the seemingly unthinkable by selling stocks aggressively in a year that saw the S&P 500 climb by about 23 percent.
While the exact figures on Buffett’s selling won’t be known until Berkshire Hathaway releases its Q4 earnings report, the total stood at a staggering $133 billion as of the end of Q3.
» Read more about: Is Buffett Primed To Pounce On a Crash? »
Read MoreThe Spotlight
Secret To Billionaire’s Success Is…
Ray Dalio is the founder and co-chief investment officer of Bridgewater Associates, one of the largest and most successful hedge funds in the world. So, what is the secret to his success and how did he get so rich?
How Has Dalio Crushed The Market?
Hedge Fund Research reports that Bridgewater’s flagship pure alpha fund generated an annualized return of 12.6% since its inception in 1991,