This week opens with the stock market poised for future developments and reflecting on previous outcomes, notably Petrobras’ (PETR4) actions.
Monday launches quietly, lacking major economic indicators, except for the stock market’s early close at 5 pm.
Attention shifts to Tuesday for the release of February’s IPCA, Brazil’s critical inflation figure by IBGE.
Petrobras’ decision against extraordinary dividends has sparked analyst critiques. Itaú BBA flagged the move as disappointing last Friday, highlighting unmet dividend expectations.
The stock market fell 0.99% to 127,070.79 points last Friday, while the dollar increased by 0.96%, reaching R$ 4.9811.
Spotlight on Marcopolo (POMO4): CEO André Armaganijan discusses sustaining growth and aiming to distribute half of the profits as dividends, viewable in a Financial Intelligence interview.
The U.S. markets closed lower, with Nasdaq bearing the largest decline among key indices, driven by varying U.S. labor market data analyses and its implications for monetary policy.
February’s payroll surpassed job expectations but underwhelmed in wage growth, also adjusting prior months downwards.
Semiconductor companies, impacted by Broadcom and Marvell Technology’s bleak forecasts, faced notable challenges.
Closing figures showed Dow Jones down by 0.18% at 38,722.69 points, S&P 500 by 0.65% at 5,123.69 points, and Nasdaq by 1.16% at 16,085.11 points.
Throughout the week, indices fell by 0.93%, 0.26%, and 1.17% respectively.