The Dow Jones Industrial Average closed at a record high Monday with a nearly 600-point gain, just days after the United States arrested Venezuelan President NicolĂĄs Maduro and President Donald Trump promised the U.S. would help revive Venezuela’s oil production.
The U.S. Army’s Delta Force, which is an elite special forces unit, reportedly conducted the Saturday operation to arrest Maduro and his wife, who have been indicted in the Southern District of New York on drug trafficking and weapons charges.Â
The Dow Jones Industrial Average rose 595 points, or 1.2% to 48,977, while stocks in American oil companies like Chevron, which is the last remaining U.S. oil major in Venezuela, also closed at a high, according to the Wall Street Journal. Chevron gained 5% Monday.Â
Trump on Saturday also said âvery large United States oil companiesâ would âfix badly broken [oil] infrastructure,â in Venezuela.
Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.
