Stock futures are steady after U.S. attacks Venezuela, captures Nicolas Maduro: Live updates

Stock futures were steady on Sunday night, as global markets reacted to the U.S.’ attack on Venezuela and capture of leader Nicolas Maduro.

Dow Jones Industrial Average futures traded 15 points higher. S&P 500 futures rose 0.1%, and Nasdaq-100 futures advanced 0.2%.

Following the attack, Maduro and his wife, Cilia Flores, were flown to New York — where they were charged with narco-terrorism conspiracy and other crimes. Drug trafficking, according to the indictment, “has enriched and entrenched Venezuela’s political and military elite.”

Maduro’s ouster comes more than a decade after he came to power, succeeding longtime dictator Hugo Chavez in April 2013. It also raises questions about what’s next for the country with the largest proven oil reserves in the world.

President Donald Trump said Saturday in a news conference that the U.S. would “run” Venezuela “until such time as we can do a safe, proper and judicious transition.” Secretary of State Marco Rubio appeared to walk back those remarks on Sunday, however, noting the U.S. would use leverage to meet policy goals. He also did not say the U.S. would govern Venezuela directly.

To be sure, some on Wall Street think the impact on markets from the U.S. intervention will be limited. Despite Venezuela’s massive reserves, the country produces less than 1 million barrels per day. That’s less than 1% of global production.

BCA Research chief strategist Marko Papic also noted that the Venezuelan government is “stabilized” by the country’s military.

“President Trump’s assertion that the US will ‘run the country’ and that he is not afraid of ‘troops on the ground’ should be faded as signals. The US will likely negotiate with the military and the opposition in the transitional phase,” Papic wrote to clients.

Wall Street is coming off a mixed session. The S&P 500 and Dow closed higher on Friday — the first trading day of the year — while the Nasdaq ended just below the flatline.

This week, traders will look out for the release of the December jobs report on Friday. Economists polled by Dow Jones expect the economy added 54,000 jobs last month.