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U.S. Stock Futures Rise as Investors Look Ahead to Q4 Earnings

U.S. Stock Futures Rise as Investors Look Ahead to Q4 Earnings

U.S. stock futures were higher ahead of Tuesday’s session after a strong rally earlier in the session. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX) Index were up 0.24%, 0.04%, and 0.15%, respectively, at 11:51 p.m. EDT on January 5.

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Earlier in the day, markets jumped as the U.S. removed Venezuelan leader Nicolas Maduro, while President Donald Trump urged U.S. oil companies to invest in the country. As a result, the Dow rose nearly 595 points, or about 1.2%, to a record close. The S&P 500 gained around 0.6%, while the Nasdaq Composite climbed close to 0.7%, led by Tesla (TSLA) and Amazon (AMZN).

Alongside the rally in U.S. equities, gold futures saw their best day since Oct. 20 as investors also piled into the safe-haven asset. U.S. oil futures settled 1.7% higher.

The fourth-quarter earnings season is about to begin, with several companies set to report this week, including Applied Digital (APLD), Constellation Brands (STZ), Cal-Maine Foods (CALM), Jefferies (JEF), and Tilray (TLRY).

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