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Stock Futures Flat After Dow Record; Trump Team Reportedly Set To Meet Oil Executives On Venezuela - ConocoPhillips (NYSE:COP), Chevron (NYSE:CVX)
Benzinga· 2026-01-06 02:33
Group 1 - U.S. stock futures are largely unchanged after a market rally, with S&P 500 Futures up 0.07%, Nasdaq Futures up 0.10%, and Dow Futures up 0.05% following the capture of Venezuelan President Nicolás Maduro [1] - Energy stocks, particularly those with exposure to Venezuela, saw significant gains, with Chevron Corp. up 5.10%, Halliburton Co. up 7.84%, and Valero Energy Corp. up 9.23% [7] - The SPDR S&P Oil & Gas Exploration & Production ETF declined by 1.31% during the day but is up 0.59% overnight, indicating mixed sentiment in the broader oil and gas sector [6][7] Group 2 - The Trump administration plans to meet with top oil industry executives to discuss increasing Venezuela's oil output, although industry executives have denied holding such meetings [2][3] - Halliburton Co. is expected to play a key role in rebuilding Venezuela's infrastructure, while Valero Energy Corp. is uniquely equipped to process the country's heavy crude [5] - WTI Crude oil futures for February delivery are down 0.45%, trading at $58.06 per barrel, following a rally as the situation in Venezuela stabilizes [6]
What To Expect From S&P 500 And Nasdaq On Monday After Trump's Venezuela Strike? - Chevron (NYSE:CVX), Halliburton (NYSE:HAL)
Benzinga· 2026-01-05 01:40
Group 1: Market Reactions - U.S. stock futures are largely unchanged, with S&P 500 Futures up 0.09%, Nasdaq Futures up 0.32%, and Dow Futures down 0.01% [1] - Leading U.S. oil stocks with exposure to Venezuela's energy industry saw significant gains, with Chevron Corp. up 10.97%, Halliburton Co. up 18.01%, and Valero Energy Corp. up 10.80% [4] Group 2: Economic Context - President Trump announced that U.S. energy giants are prepared to invest billions in Venezuela, which holds the world's largest proven oil reserves at 303 billion barrels, or 17% of global reserves [2] - The U.S. Dollar Index is up 0.14%, trading at 98.562, indicating renewed momentum in favor of the petro-dollar despite regional tensions [5] Group 3: Global Market Performance - Asian markets showed mixed results, with Japan's Nikkei 225 up 2.50%, while Hong Kong's Hang Seng and Australia's ASX 200 were in the red [4]