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Stocks looked set to edge higher on Monday, while precious metals surged as investors piled into safe havens following the U.S. military operation that captured Venezuelan President Nicolás Maduro.
Futures tracking the Dow Jones Industrial Average were flat. S&P 500 futures were up 0.2%, and contracts tied to the Nasdaq added 0.6%, putting the tech-heavy index on course to snap a five-day losing streak.
Gold futures rose 2.5% to $4,440 an ounce and silver futures jumped 6.5% to $75.60 an ounce following Saturday’s attack on Venezuela. Wall Street is worried that the raid could upend the long-standing global order and make it easier for China and Russia to justify sovereignty violations of their own.
Source: www.barrons.com
