US Markets Wrap: How energy is powering markets higher despite weak data

Wall Street has returned from the holidays with renewed momentum, pushing major indices to fresh highs even as manufacturing data weakens. Energy stocks are leading the charge following geopolitical developments in Venezuela, while investors weigh the implications for inflation, rates, and global supply. Dan Koh speaks with José Torres, Senior Economist at Interactive Brokers, about what’s really driving these new market highs, where energy markets could go next, how to read China’s slowing service sector, and the key investing themes to watch as 2026 comes into focus.See omnystudio.com/listener for privacy information.