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

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Reuters

By Devik Jain (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 gained 1.2% in premarket trading after the drugmaker forecast upbeat 2021 earnings, while Harley-Davidson Inc added 1.8% as it reported a better-than-expected quarterly profit. Coca-Cola Co rose 2.6% after boosting its full-year sales forecast, while health insurer Anthem Inc added 1.3% on raising its 2021 earnings target. “Everybody knows this is going …

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