S&P 500 rises 0.64% driven by Valero surge and oil stocks
Wall Street started the week on a positive note this Monday, January 5, 2026. The S&P 500 closed at 6,902.05 points, gaining ground in a mixed market environment. The session saw energy sector stocks dominate trading, while some major health and consumer stocks declined.
Valero and Oil Services Soar
Valero Energy Corporation led the index with a significant rise of 9.23% to $180.57. Oil services also performed well, influenced by the new geopolitical situation in Venezuela: SLB Limited gained 8.96% to $43.80, while Halliburton Company increased by 7.84% to $31.92. Phillips 66 rounded out the sector with a 7.21% gain to $139.98. The financial sector also stood out, buoyed by Coinbase Global climbing 7.77% to $254.92 and Robinhood Markets rising 6.97% to $123.24. Interactive Brokers Group added 6.49% to reach $71.59. Centene Corporation rose by 6.94% to $44.68, Leidos Holdings gained 6.55% to $195.49, and The Trade Desk increased by 6.45% to $40.11.
Jabil falls, pharmaceutical stocks under pressure
Contrary to the trend, Jabil Inc. experienced the largest decline in the S&P 500, dropping 7.05% to $223.44. The healthcare sector also had a tough session: Eli Lilly and Company fell 3.60% to $1,041.51, while AbbVie Inc. declined 3.98% to $220.18. Comcast Corporation lost 4.77% to $28.13. Oil producers showed an opposite trend compared to oil services: Diamondback Energy Inc. fell 3.51% to $146.99, APA Corporation also lost 3.51% to $24.47, and Devon Energy Corporation slid 3.49% to $36.55. In consumer goods, Campbell’s Company dropped 3.72% to $26.68.
A Mixed Session to Start the Year
This first full session of 2026 showcased significant sector movements, with a clear divergence between oil services and energy producers on one side, and pharmaceutical stocks on the other. The S&P 500 closed at 6,902.05 points in a market environment still influenced by the gradual recovery in volumes following the year-end holidays.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
