The march towards ever higher peaks of global stock exchanges shows no signs of stopping: Tokyo, Taipei and Seoul reached new highs, after the Dow Jones Wall Street did the same overnight. And futures indicate that the Ftse, Dax and Stoxx 600 also Europe will extend their opening records. Attention has returned to the technological sector, with investors betting straight on the Asian ones, which still show more convenient levels compared to the major US. The cavalcade of the continues precious metals, Copper which reaches new historical records, while slowing down dollar, oil and bitcoin.
The markets are therefore indifferent to Donald Trump's coup on Venezuela and his threats of to do the same from Greenland – justified as a matter of “national security” – to Colombia, Mexico, Cuba and even Iran. While it remains to be seen what position the China which, with the arrest of Maduro, loses one of its most faithful partners in Latin America.
Investors have started snapping up shares of the oil and defense sector, while the price of the Petroleum remains little changed while it remains unclear how Trump's proposal to invest in Venezuela's oil resources will be implemented can be realized.
It's an important week for the macroeconomic indicators and, after some consumer price inflation surveys from all over the world Europe, attention shifts to employment data in the United States, culminating in Friday's nonfarm payrolls report. Today, in addition to the December employment report, the U.S. Bureau of Labor Statistics will release data on job vacancies, resignations, and layoffs for November.
Wall Street closes at record highs, looking beyond technology: financial stocks jump ahead of earnings
Wall Street closed higher yesterday, with the surge in financial securities which contributed to the rise of the Dow Jones Industrial Average at historical maximum, While the energy companies They jumped after the U.S. military strike that led to the capture of Venezuelan President Nicolas Maduro. Investors are betting that U.S. companies will be able to access Venezuela's oil reserves, the largest in the world. President Donald Trump's administration plans to encounter this week i oil company executives Use to discuss how to increase Venezuelan production.
Il Nasdaq gained 0,69% to 23.395,82 points, while the Dow Jones rose 1,23% to 48.977,18 points, S&P 500 up 0,64%.'financial index S&P 500 rose 2,2% ahead of upcoming quarterly reportsAnalysts on average expect a growth in financial company profits the S&P 500 by 6,7% on an annual basis in the December quarter. Goldman Sachs e JPMorgan Chase has increased by more than 3% and reached record levels. January 13 will mark thestart of the US quarterly season with the publication of the data of JPMorgan, along with other major banking reports that week. With stocks trading at historically high valuations, investors are counting on solid earnings growth. Overall earnings for S&P 500 companies are expected to rise 13% in 2025, with a further 15,5% increase in 2026, according to LSEG IBES data.
The energy index S&P 500 rose 2,7% to its highest level since March 2025, with heavyweights Exxon Mobil, ConocoPhillips and Chevron both rising supported by investors' expectations of a possible recovery of oil compensation in Venezuela. Even the arms manufacturers they made progress after Washington's military intervention. Lockheed Martin and General Dynamics they went up, while the index aerospace and defense S&P 500 hits record high.
Tesla rose 3,1% after seven consecutive sessions of losses. Nvidia fell 0,4%, and Apple declined 1,4%.
Il dollar The U.S. dollar was on the defensive. It had reached a four-week high in the previous session, only to give up all its gains after a manufacturing activity indicator fell to a 14-month low. This morning, the dollar fell 0,1% to $1,1733. euro and lost 0,1% to $1,3558 against the GBPIt remained stable at 156,47 yen.
The dollar index, which measures the currency against a basket of these three rival currencies and three other major ones, fell 0,2% to 98,238, having hit 98,861 yesterday for the first time since December 10.
Asia is soaring, driven by technology prices that are even cheaper than US ones.
Le Asian stocks I'm Dalite new records, led by the Chinese tech stocks, while investors turned to regional stocks, attracted by more attractive valuations.
The MSCI Asia Pacific Index rose 1,1%, with a gauge of Hong Kong-listed Chinese technology stocks hitting their highest level since November. Shanghai stocks were on track to close at their highest since 2015. Even after this rally, Asian stocks I am still relatively cheaper compared to US technology stocks. The MSCI regional stock index has a price/earnings ratio of 15, compared to 22 for the S&P 500 Index and 25 for the Nasdaq 100.
JapanThe Japanese index Topix jumped 1,5% to a record high of 3.534 points, supported by broad-based buying in technology, industrials and export-oriented stocks. The Nikkei 225 (+1,1%) moved close to its all-time high, supported by leading semiconductor and electronics stocks. The chipmaker Renesas Electronics Corp. rose 3%, Raw Ltd gained more than 2%.
ChinaHong Kong's Hang Seng Index rose 1,5%, with the Hang Seng Tech sub-index rising more than 2%. In mainland China, the CSI 300 Index rose 1%, while the Shanghai Composite Index gained 0,8%.
South Korea. The Kospi index gained 1,3% after a weak start, updating the all-time highs already reached in the previous session. Eyes are on Samsung's results for clues about memory chip prices and the trend of artificial intelligence-driven demand. Elsewhere in Asia, Singapore's Straits Times Index rose 0,8%, Australia's S&P/ASX 200 Index lost 0,4%, and India's Nifty 50 fell 0,5%.
I precious metals they have maintained themselves not far from all-time highs, while the Copper has reached a new record level. L'gold rose 0,4% to around $4.466 an ounce, after a 2,7% gain on Monday and is less than $100 from the record high of $4.548,92 reached last month. Silver and platinum both jumped by about 2,6%. Prices of Copper reached record levels in London and Shanghai, as the concerns about supplies following a strike in a Chilean mine.
Il Petroleum It stabilized after its biggest gain of the week. Brent crude futures lost 17 cents to $61,59 a barrel in the latest session, while U.S. West Texas Intermediate crude fell 21 cents to $58,11.
European stock markets opened slightly higher. At the Milan Stock Exchange, Unicredit, A2A, and Eni were all eyes on the stock market.
European stocks are expected to start slightly higher this morning based on indications provided by Eurostoxx 50 futures, which are up 0,1%. Today's agenda includes the release of the Eurozone Services PMI for December this morning, and the German preliminary harmonized inflation figure this afternoon.
A2A The Italian Antitrust Authority has launched an investigation into the company, alleging possible competition violations in the provision of electric vehicle charging services. The company emphasizes "that it has acted in full compliance with the principles of transparency, fairness, and free competition" and offers "full cooperation in providing all the information necessary for any further investigation."
Eni – Morgan Stanley has reduced its target to 16 euros. Sun 24 Hours reports that Eni's credit towards Venezuela would exceed US$3 billion at the end of 2025, compared to the previous reported US$2,3 billion in the first half of 2025.
Generali – Announced the early redemption of its £350 million fixed/floating rate perpetual bonds, due June 2026.
Leonardo Bernstein raised its target price to €60 from €55. On Monday, the stock closed up 6% at €54,42, becoming the best performer on the stock exchange. The price, which reached October 2025 levels, was driven by geopolitical tensions. The same reasons underpinned Fincantieri's 4,5% rise.
Pirelli – According to the Financial Times, The government, Pirelli, and their shareholders are seeking to terminate Sinochem's stake in the company. If no compromise is reached by January, the Meloni government's "last resort" would be to suspend the Chinese shareholder's voting rights by applying the golden power legislation.
Stellantis – In the fourth quarter, total sales in the U.S. increased 4% year-over-year. North America (U.S. + Canada) saw a 2% increase.
Unicredit As expected, after receiving the ECB's approval, the bank exercised some derivatives, increasing its stake in Alpha Bank from 10% to just under 30%. UniCredit also announced that, following the second tranche of the 2024 share buyback program (along with the first tranche), it now holds 2,88% of its capital. The bank's interest in CBK has been confirmed.
They – The Board of Directors deemed the consideration of 3,20 per share offered by Xenon as part of the takeover bid to be appropriate.
AeffeAs part of the negotiated resolution procedure for the luxury company's crisis, the Bologna court has accepted the request for precautionary measures until February 6, "recognizing the existence of concrete elements in the recovery prospects," according to a statement released yesterday by Aeffe.
Recordati, as part of the share buyback program launched on December 17, announced that it purchased a total of 51.977 treasury shares from December 22 to 30, 2025, at a weighted average price of €48,5540. As of December 30, the Company held 4.769.267 treasury shares, equal to 2,281% of the share capital.
