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

SourceReuters
SectorFinancial Markets
CountryGulf

People wearing face masks walk by the New York Stock Exchange (NYSE) during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly

Johnson & Johnson rises on upbeat 2021 earnings forecastCoca-Cola up on raising revenue forecastHarley-Davidson up on second straight quarterly profitFutures: Dow up 0.41%, S&P up 0.21%, Nasdaq down 0.13%

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.

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