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Wall Street start higher; J&J leads gains for health care sector

Health care companies were making some of the biggest gains in the early going.

October 19, 2021 / 07:27 PM IST
Source: Reuters

Source: Reuters

Stocks are moving modestly higher on Wall Street in early trading Tuesday as corporate earnings reporting gets into full swing.

The benchmark S&P 500 was up 0.3% in the first few minutes of trading, and the Dow Jones Industrial Average was up 0.2%.

Health care companies were making some of the biggest gains in the early going.

Johnson & Johnson climbed 1.8% after raising its 2021 profit forecast again. Insurance company Travelers rose 2.6% after releasing results that easily beat analysts’ forecasts.

The first exchange-traded fund to track Bitcoin futures rose 3% on its first day of trading.
Associated Press

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