Daily Market Recap (January 7th 2025)

Recent geopolitical events have triggered major shifts across global markets following the U.S. military ouster of Venezuelan leader Nicolás Maduro. President Trump has signaled plans for American oil companies to invest billions in Venezuela’s energy sector, while the U.S. government moves to control the nation’s crude sales indefinitely. These tensions, alongside renewed American interest in annexing Greenland, have caused volatility in global defense stocks and prompted investors to seek safe-haven assets like gold and high-yield savings. Domestically, the Trump administration has introduced sweeping policy changes, including a ban on institutional investors buying single-family homes and new federal nutrition guidelines that prioritize protein over processed foods. The aviation sector is also in flux, with Alaska Airlines placing a record order for Boeing jets while Avelo Airlines terminates its deportation charter program with ICE. Meanwhile, a fatal shooting involving ICE agents in Minneapolis has sparked intense political backlash and calls for the agency to leave the city.