US stocks were poised to hit a five-week winning streak, but the results of the CPI (US Consumer Price Index), the highest in 30 years, halted gains and brought down some of the major US indices. United last night.
Signs of rising inflation will last longer than expected by central banks, which has given investors a feeling that there will be an increase in borrowing costs by the Fed (Federal Reserve, US Central Bank).
In the last 12 months, prices rose 6.2%.
However, the futures market this Friday (12) gave a breath to the benchmark index, and the S&P 500 rose 0.3%.
The good results followed at the opening of the stock exchange with the news from Johnson & Johnson and Toshiba on the radar.
At 11:46 am, Brasília time, the Dow Jones was up 0.12% at the opening, at 35,963.78 points, the S&P 500 opened had a high 0.13%, at 4,655.24, and the Nasdaq gained 0.31%, at 15,752.62 points.
Business radar
Johnson & Johnson is the newest company to split into two companies. One of the largest health care products companies in the world will separate its business into products for customers to buy with a prescription, and the other arm will focus on the sale of prescription drugs. Both will be publicly traded companies.
J&J shares soared more than 4% in the pre-market.
Who also followed the same strategy and intends to split into three companies by 2024 is Toshiba. The plan is to focus one part on infrastructure, the second on electronic devices and the third on semiconductors.
Tesla’s chief executive, Elon Musk, revealed an additional sale of shares in the electric car maker worth around US$ 687 million, as shown by regulatory documents on Friday (12), after he sold some of $5 billion in bonds earlier this week.
*With information from Reuters and Jordan Valinsky of CNN Business
Reference: CNN Brasil
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