Upbeat earnings, recovery optimism set S&P 500, Dow for higher open – Reuters

Upbeat earnings, recovery optimism set S&P 500, Dow for higher open – Reuters

July 21 (Reuters) - The S&P 500 and Dow indexes were set to rise on Wednesday as upbeat quarterly results from companies including Johnson & Johnson and Coca-Cola reignited optimism about the health of corporate America.

Johnson & Johnson (JNJ.N) gained 1.2% in premarket trading after the drugmaker forecast upbeat 2021 earnings, while Harley-Davidson Inc (HOG.N) added 1.8% as it reported abetter-than-expected quarterly profit. read more

Coca-Cola Co (KO.N) rose 2.6% after boosting its full-year sales forecast, while health insurer Anthem Inc (ANTM.N) added 1.3% on raising its 2021 earnings target. read more