The US is taking control of Venezuela and targeting Greenland. The Dow could still hit 50,000
CNN••world
Key Points:
- Despite political tensions including US actions in Venezuela and threats toward Greenland, the Dow Jones Industrial Average is nearing a record 50,000 points, reflecting investor optimism rather than political concerns.
- Wall Street is focusing on the economic implications of US moves, such as potential investments in Venezuela’s oil infrastructure, which could boost oil supply and the economy, outweighing geopolitical risks.
- Consumer sentiment has slightly improved, and retail sales remain strong, driven by wealthier Americans, even as lower-income households remain cautious amid inflation and job market concerns.
- Investors are hopeful for further Federal Reserve interest rate cuts following a weak jobs report, which could support economic growth and market gains in 2026 despite ongoing political and economic uncertainties.
- Market experts
