U.S. Futures, Global Markets Rise as Commodities Spurred by Trump’s Venezuela Blockade

U.S. Futures and global markets were broadly higher as commodities and energy stocks rose after President Trump ordered a blockade of sanctioned oil tankers entering and leaving Venezuela. Sterling fell to a one-week low after U.K. inflation data, while oil and gold prices rose.

—U.S. futures edged up after two out of three major indexes in the country closed lower Tuesday on U.S. non-farm payroll data that slightly overshot consensus forecasts. The tech-heavy Nasdaq edged up 0.2% premarket, while futures for the S&P 500 and Dow Jones Industrial Average were up 0.15% and 0.1% respectively.