Indices in this article
NEW YORK (dpa-AFX) – The US stock exchanges are heading for moderate initial profits on Friday. A good hour before the start of trading, the broker IG estimated the leading index Dow Jones Industrial (Dow Jones 30 Industrial) 0.35 percent up at 36 046 points, which shows a weekly minus of almost 0.8 percent. IG expects the technology-heavy selection index NASDAQ 100 on Friday 0.25 percent higher at 16 072 points. After setting new records, the US market had recently been on the verge of weakness, although the Nasdaq 100 had already picked up a little the day before.
Johnson & Johnson shares rose almost three percent after the pharmaceutical and consumer goods company announced that it was planning to split into two listed companies. The company wants to separate its consumer division with plasters and baby powder in the next 18 to 24 months, said CEO Alex Gorsky to the “Wall Street Journal”. The pharmaceutical division with prescription drugs and medical technology will then remain. That is the best way to ensure sustainable growth over the long term. The group confirmed the plan in a message.
By contrast, Tesla’s papers fell by around 1.3 percent after the moderate losses they had suffered the day before. Company boss Elon Musk has sold more shares in the electric car manufacturer – since the beginning of the week, their value has totaled around 5.7 billion US dollars. In total, the company is worth over a trillion dollars on the stock exchange./gl/jha/
–