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Dow Closes Above 49,000 With 484-Point Pop

The S&P 500 notched a record close as well

Deputy Editor
Jan 6, 2026 at 4:27 PM
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The Dow and S&P 500 both notched record closes today, with the former settling above the psychologically significant 49,000 level for the first time ever. The Nasdaq enjoyed a triple-digit win as well, as AI stocks continued to boost the market with their strong start to 2026. Energy stocks also extended last session's gains following the U.S. capture of Venezuelan leader Nicolás Maduro.

Continue reading for more on today's market, including:

  • Constellation Brands will be among the first to report earnings this year. 
  • A closer look at the S&P 500's top stock of 2025: Western Digital
  • Plus, Fairfax builds UAA stake; ALMS hits record highs; and VST pops on acquisition. 

Closing Indexes Summary Jan 6

NYSE and Nasdaq Stats Jan 6

5 Things to Know Today

  1. European leaders backed Greenland’s right to self-rule amid President Trump's renewed interest in the island. (Reuters)
  2. The Trump administration plans to meet with U.S. oil executives about restarting and expanding Venezuelan oil production following Maduro’s removal. (Reuters)
  3. Fairfax increased its stake in Under Armour after a difficult year. 
  4. Johnson & Johnson rival surges on psoriasis drug trial results
  5. Billion-dollar acquisition boosts Vistra stock
 
There were no earnings of note today.
 
Unusual Options Activity Jan 6

Growing Geopolitical Risks Lift Gold Prices

Crude prices fell on supply uncertainty following the events in Venezuela. February-dated West Texas Intermediate (WTI) crude fell 2%, or $1.19, to settle at $57.13 per barrel.

Safe-haven gold continued to rise amid mounting geopolitical risks. February-dated gold futures rose 1% to settle at $4,496.10.

 

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