US stock futures remained stable earlier this week, despite the US launching a military operation on Venezuela and detaining President Nicolas Maduro and his wife, Cilia Flores.
As of early this morning, the Dow Jones index jumped 0.66% to 319.10 points, the S&P 500 increased 0.19%, while the Nasdaq Composite decreased 0.03% to 6.36 points.
Investors are still seen as cautious in assessing the direct impact of US military action on market stability and regional geopolitics.
President Donald Trump on Saturday stressed that the US will control the situation in Venezuela until political changes stabilize.
However, US Secretary of State Marco Rubio chose a cautious approach yesterday by stating that the US does not intend to capture Venezuela directly.
Washington stressed that they will use their influence to achieve their political goals without having to intervene directly.
From an economic perspective, Venezuela is currently only able to produce less than one million barrels of crude oil per day, which is less than one percent of world oil production, thus affecting the global oil market.
Meanwhile, investors will focus on important US economic data this week, especially the December NFP jobs report due to be published on Friday.
The CES technology show in Las Vegas is also in focus with expectations of new product innovation announcements from technology giants.
