Closing Bell Overtime: Markets rally after weekend actions in Venezuela, L3Harris CFO on global defense 1/5/26

Closing Bell

CNBC

Business, News

4.8 • 118 Ratings

🗓️ 5 January 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Global risk with Barry Knapp of Ironsides Macroeconomics and Drew Pettit of Citi Research who break down market reaction to developments in Venezuela, followed by a big-picture look at what comes next with Richard Haass, former president of the Council on Foreign Relations. Energy stocks and oil markets take center stage with Andy Lipow of Lipow Oil Associates. Tech outlook with John Belton of Gabelli Funds. L3Harris CFO Ken Bedingfield on geopolitical hotspots and Venezuela.

Transcript

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0:00.0	Well, that's the end of regulation, Thrive and Asset Management, ringing the closing belt,
0:06.2	the New York Stock Exchange, and UPEXE doing the honors at the NASDAQ stock soaring today.
0:11.3	Following the arrest and capture of Venezuela's Nicolas Maduro, the Dow jumping 600 points,
0:16.6	an intraday all-time high, a record closing high.
0:20.5	It looks like just shy of 49,000.
0:23.6	And it was the first time that it traded above 49,000 in the trading session.
0:26.9	The S&P 500 and NASDAQ both up 7 tenths of a percent.
0:30.7	A big gain for the Russell 2000, up 1.5% in this Monday trade.
0:35.6	Energy, the best performing sector as oil gains following the events in Venezuela.
0:39.3	We've got much more on oil and the oil stocks coming up. Financials also with a big gain.
0:44.8	Every name in the group ending the day in the green, big gains for consumer discretionary as well.
0:49.7	Utilities to the downside by more than 1%. We're also seeing gains for the metals, gold, silver, copper, platinum, Bitcoin, bouncing back
0:58.8	to 94,000 for the first time since the middle of November as well.
1:02.8	That's the scorecard on Walsh.
1:04.3	Welcome to closing bell overtime.
1:05.9	I'm Morgan Brennan.
1:07.0	John Ford is on assignment at CES in Las Vegas.
1:10.1	Coming up this hour, we are breaking down all angles of this Venezuelan story, the geopolitical
1:14.4	implications, plus what it means for stocks, oil prices among our guests, Council and Foreign
1:19.7	Relations, President Emeritus, Richard Haas, defense stocks among the sectors moving higher today.
1:25.7	L3 Harris hitting an all-time high. Its CFO will join us
1:29.4	coming up as well. A lot to talk about there, including some company-specific deal news. But first,
	...

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