Futures rise as upbeat earnings boost risk appetite By Reuters – Investing.com
- Date: 19-Oct-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Futures rise as upbeat earnings boost risk appetite By Reuters – Investing.com
By Shreyashi Sanyal
(Reuters) - U.S. stock index futures rose on Tuesday as an upbeat profit forecast from Johnson & Johnson (NYSE:) added to the positive momentum in corporate earnings generated by big banks last week.
Johnson & Johnson's shares rose 1.7% after it raised its 2021 adjusted profit forecast, even as it stuck to its outlook of $2.5 billion in sales from its COVID-19 vaccine this year.