CES 2026 recap: Morgan Stanley flags ’skyrocketing’ AI demand
Futures flat, CES 2026 takes central stage- what’s moving markets
This AI-picked telecom is up a whopping +77% in January’s first two sessions
Bitcoin price today: steady at $93.6k, Strategy discloses Q4 loss
Investing.com-- U.S. stock futures were little changed in early trade on Tuesday after Wall Street closed higher, led by gains in energy stocks following the U.S. action in Venezuela and the capture of President Nicolás Maduro.
"The Venezuela conversation is the same as it was yesterday – the country could become a major force in global oil production, but this will take a long time (and cost a ton of money)," Vital Knowledge analyst Adam Crisafulli wrote in a note to clients on Tuesday.
S&P 500 Futures was largely unchanged at 6,940.75 points, while Nasdaq 100 Futures rose 17 points to 25,594.25 points by 06:30 ET (11:30 GMT). Dow Jones Futures fell 85 points to 49,142.0 points.
During the regular session, theDow Jones Industrial Averageclimbed 1.2% to finish at an all-time peak, buoyed by strong gains in oil majors and industrials as investors reacted to shifting geopolitical dynamics in the oil-rich South American nation.
The S&P 500 rose around 0.6%, while theNASDAQ Compositeended 0.7% higher.
Energy stocks were among the standout performers on Monday after the U.S. confirmed the capture of Venezuelan President Maduro following a military operation over the weekend.
Investors bet that a political transition could eventually open Venezuela’s vast crude reserves to increased investment and production, potentially benefiting U.S. oil companies with existing regional expertise.
President Donald Trump said the U.S. would oversee a transition in Venezuela and called on American energy companies to play a leading role in redeveloping the country’s oil sector. Trump said U.S. firms had the expertise to restore production capacity and stabilise output in the OPEC member.
Chevron Corp (NYSE:CVX)closed over 5% higher, whileExxon Mobil Corp (NYSE:XOM)gained more than 2%, while oilfield services firms such asHalliburton Company (NYSE:HAL)and Schlumberger also posted solid gains, reflecting hopes of increased drilling and infrastructure activity over time.
Traders are now focused on the release of the U.S. December jobs report on Friday, a key test for markets after recent data pointed to cooling labor market momentum.
"Dec NFP are likely to tick up to a stable 70k (private: 75k) print, higher than consensus expectations," BofA economists wrote in a note.
The report is expected to play an important role in shaping expectations around interest-rate cuts later in the year.
"For now, our base case remains that the Fed will not cut again under Powell," BofA said.
(Ayushman Ojha contributed to this report.)