Wall St grinds higher on solid healthcare earnings; supply woes linger – Reuters
- Date: 20-Oct-2021
- Source: Reuters
- Sector:Healthcare
- Country:Gulf
Wall St grinds higher on solid healthcare earnings; supply woes linger – Reuters
Oct 20 (Reuters) - U.S. stock indexes edged higher on Wednesday, helped by strong quarterly updates from healthcare companies including Anthem and Abbott, while worries remained about the impact of supply chain constraints and inflation on corporate earnings.
Abbott Laboratories (ABT.N) rose 4.2% after raising its full-year profit forecast on a rebound in COVID-19 test sales. read more
Anthem Inc (ANTM.N) gained 5.7% and Biogen Inc (BIIB.O) added 2% after both healthcare companies raised their full-year profit forecasts. read more
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