5 Things to Know Before the Stock Market Opens

• Nvidia and AMD unveiled new AI chips at CES, with Nvidia's Rubin chips targeting robotics and self-driving cars, while AMD revealed chips for PCs, servers, and physical AI applications
• Oil stocks including Chevron (up 5% Monday) rallied on news of Maduro's capture and Trump administration statements about U.S. companies investing in Venezuela's oil infrastructure
• Gold futures rose to $4,475 per ounce (near the Dec. 26 record of $4,580) and silver climbed to $78.15 (approaching last month's all-time high of $83) as investors sought safe-haven assets

Market Summary: Tuesday Trading Preview

Market Overview

Stock futures showed mixed signals Tuesday morning following Monday's strong rally that pushed the Dow Jones Industrial Average to new intraday and closing records. Dow futures declined 0.1%, S&P 500 futures held near unchanged, and Nasdaq futures gained 0.2%.

Key Market Data

• WTI Crude Oil: Up 0.5% to $58.60/barrel (one-month high)
• Gold Futures: Up 0.5% to $4,475/ounce (approaching December 26 record of $4,580)
• Silver Futures: Up nearly 2% to $78.15/ounce (near all-time high of $83)
• Bitcoin: $93,800, near one-month highs
• 10-Year Treasury Yield: Rose to 4.18% from 4.16%

AI Chip Competition Intensifies

At CES in Las Vegas, Nvidia (NVDA) CEO Jensen Huang unveiled new Rubin chips targeting robotics and autonomous vehicles applications. Competitor AMD showcased latest chips for PCs, servers, and robotics. Both announcements highlight continued innovation in AI hardware.

Venezuela Developments Boost Energy Sector

Oil stocks extended gains after the U.S. captured Venezuelan President Nicolás Maduro. President Trump encouraged American companies to invest in Venezuela's deteriorating oil infrastructure. Chevron (CVX), the sole U.S. company operating there, rose 0.5% in premarket trading after jumping 5% Monday. ExxonMobil (XOM), ConocoPhillips (COP), Baker Hughes (BKR), and SLB also posted gains.

Safe-Haven Assets Rally

Geopolitical uncertainty surrounding Venezuela drove investors toward precious metals. Gold climbed 65% in 2025 amid market volatility, tariff concerns, dollar weakness, and Middle East conflicts.

Memory Chip Demand Remains Strong

Micron (MU), Taiwan Semiconductor (TSM), and Intel (INTC) gained as AI hardware deman