• Stocks gain as J&J plans split into 2 companies

  U.S. stocks posted early gains helped by shares of J&J after the pharma giant announced plans to separate into 2 companies. This follows GE's move earlier in the week to divide into 3. Shares of electric vehicle maker Rivian continued to climb in its third day as a public company. In commodities, oil traded down to $79.55 per barrel.

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