Wall Street responded positively Monday to weekend U.S. strikes on Venezuela. Focus could stay on developments there and in oil today before jobs data start rolling in tomorrow.
With jobs data ahead starting Wednesday but no major earnings or numbers today, focus could continue to be on the situation in Venezuela. The "Santa Claus" rally failed to show up.
Crude oil futures (/CLG26) saw whipsawed trading action in the Sunday and Monday sessions undecided on direction as news surrounding Venezuela’s oil economy was digested by investors.
The capture of Venezuelan President Maduro has been digested well by global markets, which is in keeping with 2025’s theme of massive volatility and solid index-level returns.
Ahead of Friday's jobs report, investors might focus on the U.S. action against Venezuela and a tech industry meeting featuring Nvidia's CEO. Manufacturing data are due today, but earnings are sparse.
Stocks start 2026 on a four-day skid after another drop Wednesday amid little news. Trading could be light between the holiday and the weekend. No major data or earnings are due.
Stocks are mostly higher to start the New Year, yet remain on track for weekly losses as investors search for areas in the market to put fresh capital to work.
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