Futures rise as upbeat earnings boost risk appetite
Written by Black Hot Fire Network on October 19, 2021
(Reuters) - U.S. stock index futures rose on Tuesday as an upbeat profit forecast from Johnson & Johnson added to the positive momentum in corporate earnings generated by big banks last week.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 18, 2021. REUTERS/Brendan McDermid
Johnson & Johnson’s shares rose 1.7% after it raised its 2021 adjusted profit forecast, even as it stuck to its outlook of $2 . . .
