Wall Street Eyes Venezuelan Oil as Stocks Steady

U.S. stock index futures were stable amid strong gains led by financial stocks and energy firms following the capture of Venezuelan President Nicolas Maduro. Markets anticipate increased access to Venezuelan oil reserves, with significant eyes on upcoming labor market data which could influence Federal Reserve policies.

U.S. stock index futures showed little movement on Tuesday, tempering after Wall Street's significant intraday surge. Financial stocks spearheaded the rise on Monday, driving the Dow to a record peak, just shy of the historic 50,000-point threshold.

The energy sector's spotlight intensified following the capture of Venezuelan President Nicolas Maduro by U.S. forces. This development could potentially unlock Venezuelan oil reserves for U.S. companies. President Trump's administration aims to meet with oil executives later this week to discuss increasing Venezuelan oil production.

Oil firms stabilized in premarket trading, fueled by the strategic implications of Maduro's removal. Investors are also gearing up for a critical week of labor data, crucial for Federal Reserve policy decisions. Additional focus rests on S&P Global's business activity survey and insights from Fed officials.

(With inputs from agencies.)