US Stocks Rally After Markets Digest Maduros Capture

A Chevron gas station near Los Angeles on June 1, 2025. John Frediricks/The Epoch TimesU.S. stocks rallied to kick off the trading week as Wall Street digests the fallout of Venezuelan leader Nicolás Maduro’s capture by U.S. forces. The blue-chip Dow Jones Industrial Average increased by more than 600 points, or nearly 1.4 percent. The tech-driven Nasdaq Composite Index climbed more than 200 points, or 1 percent. The broader S&P 500 added 0.8 percent.Stock market gains were driven largely by U.S. oil and refinery companies.Shares of Chevron and Exxon advanced 6 percent and 3 percent, respectively. ConocoPhillips climbed 3 percent, while Occidental Petroleum rose 2 percent.Venezuela is home to the world’s largest proven oil reserves, totaling more than 300 billion barrels—nearly one-fifth of the global total. Much of it is heavy crude, which is dense, thick, and harder to pump, refine, and transport.