The Ibovespa operates up, with +0.05%, at 125,214.33 points, with investors setting up positions before the release of the balance sheet of the mining company Vale (VALE3), while following news about the tax reform. VALE3 shares rise 1.58%, following the rise in iron ore, while Petrobras shares (PETR4) rise 0.36%. The big banks retreat, as do the construction companies. Education companies and steel companies rise. Junior oil companies and retailers operate in a mixed manner. The dollar rises 0.4%, to R$5.15. The day before, the Minister of Finance, Fernando Haddad, confirmed that the main text of the tax reform regulations must be sent to the National Congress by 12pm this Wednesday. Still in the national arena, the director of monetary policy at the Central Bank, Gabriel Galípolo, gives a talk at an event promoted by Upload Ventures at 10 am, in São Paulo. On Wall Street, futures indexes mostly operate higher, awaiting more corporate results. Yesterday, Tesla’s results were bad, but signs that the company intends to launch new, more affordable models cause the company’s shares to rise around 12% in pre-market trading. Today, a series of companies report results: AT&T and Boeing are the highlights before the market opens, while Meta Platforms, IBM and Ford release their balance sheets after the close. (Felipe Alves)
