Major U.S. stock indices opened higher on Monday, driven by renewed strength in technology shares and broad gains across energy and precious metals, as global markets reacted to geopolitical developments and solid investor appetite for risk assets.
The Dow Jones Industrial Average surged sharply, gaining around 816 points by midday and reaching new session highs. The S&P 500 rose roughly 0.8%, while the Nasdaq Composite also advanced about 0.8%, led by strong performances from major chipmakers and AI-linked stocks.
Investor optimism was fueled by expectations of continued AI-driven earnings growth and evolving macroeconomic conditions, extending the equities’ strong momentum into the new year.
Crude oil prices climbed, with WTI trading near $58.3 a barrel and Brent around $61.7, as traders assessed supply forecasts and potential strategic moves by major producers. U.S. energy stocks, including Chevron and Exxon Mobil, posted notable gains. Analysts suggest that oil prices could remain near current levels through 2026 barring major geopolitical or supply disruptions.
Precious metals also advanced, with spot gold approaching the upper $4,300s per ounce, near multi-week highs, amid ongoing global market uncertainties. Gold traded above $4,330/oz, with intraday highs reaching $4,400/oz, while silver maintained strong performance above $75/oz, supported by industrial demand and investor interest. Analysts note that gold has been a standout performer in recent years, with potential for further gains depending on inflation trends and central bank policies.
International markets followed a generally positive trend, with Asian equities, including Japan’s Nikkei and South Korea’s Kospi, posting gains on improving sentiment. Geopolitical developments, including situations in Venezuela and global energy policies, contributed to volatility while supporting commodity prices.
Overall, the first full trading week of 2026 began on an optimistic note, with broad-based rallies in equities, oil, and precious metals signaling continued opportunities and potential market volatility in the months ahead.
