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US stock market opens mixed: Energy and financial stocks lead; investors watch Venezuela

TOI GLOBAL DESK | TOI GLOBAL | Jan 06, 2026, 19:07 IST
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Stock market
U.S. stock indexes are set to open mixed on Tuesday, with energy and financial stocks in focus. Vistra and Microchip Technology saw premarket gains after corporate announcements. Investors are monitoring geopolitical developments in Venezuela and December’s U.S. labor market data, including nonfarm payroll numbers, which could influence Federal Reserve policy and overall market sentiment.

Market and corporate updates

Dow E-minis were down 83 points, or 0.17% at 5:36 a.m. ET. S&P 500 E-minis fell 3.5 points, or 0.05%, while Nasdaq 100 E-minis rose 7.25 points, or 0.02%. Oil companies showed early gains: SLB rose 1.9%, and Exxon Mobil and Chevron increased 0.5% and 0.8%, respectively. Vistra gained 4.5% after announcing a $4.7 billion deal to acquire Cogentrix Energy from Quantum Capital Group. Microchip Technology rose 4.4% after raising its third-quarter sales forecast.

Energy and financial stocks

Financial stocks led gains on Monday, pushing the Dow to record highs. The index is now about 2% below the historic 50,000 mark. Energy companies gained attention after the US forces captured Venezuelan President Nicolas Maduro over the weekend. Investors expect this may allow the US companies to access Venezuelan oil reserves. The Trump administration plans meetings with top oil executives later this week to discuss increasing Venezuelan production. These discussions are expected to influence energy stocks in the coming days.

Market data

Investors are watching December’s nonfarm payroll numbers, which are due on Friday. The data is important for understanding the US labor market and influencing Federal Reserve policy. Fed Chair Jerome Powell recently advised caution on rate changes until labor market conditions become clearer. Analysts are also observing the final reading of S&P Global’s December business activity survey and comments from Richmond Fed President Tom Barkin.

FAQs

  1. Why are US stock indexes opening mixed today?
    Premarket trading shows small gains and losses across the Dow, S&P 500, and Nasdaq, influenced by corporate earnings and oil sector developments.
  2. How is Venezuela affecting energy stocks?
    The capture of Venezuelan President Nicolas Maduro has increased expectations that US companies may gain access to Venezuelan oil reserves, boosting energy stocks.
  3. Why is labor market data important for investors?
    December’s nonfarm payroll numbers provide insight into the strength of the US labor market and could influence Federal Reserve decisions on interest rates.

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