Futures linked to Canada's main stock index inched up on Monday, as the capture of Venezuelan President Nicolas Maduro by the U.S. over the weekend sparked safe-haven demand and pushed precious metal prices higher.
The TSX rocketed 170.61 points to finish Friday and a short week at 31,883.37.
The Canadian dollar faded 0.15 cents to 72.59 cents U.S.
Futures were up 0.2% Monday.
The S&P/TSX composite index gained more than 28% in 2025, its best annual performance since 2009, driven by soaring metal prices and the financial sector's robust earnings.
The benchmark began 2026 on a positive note on Friday, breaking a four-session losing streak and ending 0.54% higher.
ON BAYSTREET
The TSX Venture Exchange gathered 5.17 points to 992.91 Friday.
ON WALLSTREET
S&P 500 futures were higher on Monday even after the U.S.' attack on Venezuela and capture of leader Nicolas Maduro as crude oil prices showed little reaction and investors bet the action would not lead to bigger geopolitical conflicts that upset markets.
Futures for the Dow Jones Industrials dipped six points to 48,610.
Futures for the much broader index gained 18.5 points, or 0.3%, at 6,919, with gains in stocks like Chevron helping to lift sentiment
Futures for the NASDAQ bounced 162.75 points, or 0.6%, to 25,551.50, as investors kept buying chip stocks like AMD.
Chevron surged 7% higher and was seen as the biggest beneficiary because of its presence already in Venezuela, which has the largest proven oil reserves in the world.
Exxon Mobil advanced 4.2%. Shares of oilfield services companies that could aid the Venezuela energy rebuild like Halliburton and SLB gained 9% each.
Following the attack and capture by the U.S. military, 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.” 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.”
Defense giants General Dynamics and Lockheed Martin advanced around 1% each with Trump’s latest action showing quick military strikes would be a key part of his policy for dealing with geopolitical issues that arise.
In Japan, the Nikkei 225 ballooned 3%, while in Hong Kong, the Hang Seng took on nearly nine points.
Oil prices added 42 cents to $57.74 U.S. a barrel.
Gold prices popped $89.70 at $4,418.80 U.S. per ounce.
