05.01.202612:23:26UTC+00US Futures Rise, Oil Companies Soar

U.S. stock futures experienced an upswing on Monday as the first full week of the year commenced. Futures for the S&P 500 increased by 0.3%, while Nasdaq futures rose by 0.7%, and Dow Jones futures climbed by nearly 60 points. Energy stocks saw a significant rise in premarket trading following the capture of Venezuela's President Maduro and his wife by U.S. forces over the weekend. This development came amid President Trump's proposals to spearhead a revival of Venezuela's oil industry with U.S. leadership. As a result, Chevron's shares jumped nearly 7%, Exxon Mobil saw a gain of almost 4%, and ConocoPhillips surged by 6%. The semiconductor sector also enjoyed gains with Nvidia up 1.5%, Broadcom increasing by 1.3%, AMD rising by 2.9%, and Micron Technology advancing by 3.6%. Other major tech stocks showed mixed results: Amazon rose by 0.5%, Alphabet increased by 0.4%, and Tesla gained 1.6%, whereas Microsoft remained relatively unchanged, and both Apple and Meta experienced slight declines of 0.2% and 0.1%, respectively. Investors are now eagerly anticipating a week filled with crucial U.S. economic data, particularly the December jobs report expected on Friday.