Energy and Tech Lead Modest Stock Gains After U.S. Action in Venezuela

Overview

• Wall Street opened slightly higher Tuesday, with energy shares advancing after the U.S. intervention in Venezuela and the detention of Nicolás Maduro, who had a first U.S. court appearance Monday.
• Oil prices ticked up as traders evaluated potential supply effects, with WTI at $58.68 and Brent at $61.18, alongside reports of disrupted PDVSA exports to Asian buyers.
• Technology outperformed on new Nvidia AI chip announcements that lifted peers including Micron, while Novo Nordisk rallied after saying it will begin U.S. distribution of a daily GLP-1 weight-loss pill.
• Mexico’s IPC rose 0.79% to 65,526, led by gains in OMA and Televisa after Emilio Azcárraga Jean disclosed a sale of some Televisa shares.
• Richmond Fed President Thomas Barkin emphasized data-dependent rate decisions as markets look to key U.S. employment releases this week, and Palantir gained on unconfirmed speculation about a role in the Venezuela operation.