How Major US Stock Indexes Fared Jan. 5

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Stocks closed higher on Wall Street, led by a mix of energy companies and banks.The S&P 500 rose 0.6 percent Monday and the Nasdaq composite added 0.7 percent. The Dow Jones Industrial Average rose 1.2 percent.Crude oil prices rose after U.S. forces captured Venezuelan President Nicolás Maduro in a weekend raid.Shares of Chevron and Halliburton rose sharply after President Donald Trump floated a plan for U.S. oil companies to help rebuild Venezuela’s oil industry. Banks also gained ground.On Monday:The S&P 500 rose 43.58 points, or 0.6 percent, to 6,902.05.The Dow Jones Industrial Average rose 594.79 points, or 1.2 percent, to 48,977.18.The Nasdaq composite rose 160.19 points, or 0.7 percent, to 23,395.82.The Russell 2000 index of smaller companies rose 39.70 points, or 1.6 percent, to 2,547.92.For the year:The S&P 500 is up 56.55 points, or 0.8 percent.The Dow is up 913.89 points, or 1.9 percent.The Nasdaq is up 153.83 points, or 0.7 percent.The Russell 2000 is up 66.01 points, or 2.7 percent.The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.

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