U.S. stock futures climbed with earnings reports continuing to exceed estimates.
Dow Jones Industrial Average futures rose 176 points, or 0.5%, while S&P 500 futures and Nasdaq 100 futures climbed 0.5% and 0.36%, respectively.
In stocks Johnson Johnson raised its full-year adjusted profit forecast, but held the outlook for COVID - 19 vaccine sales unchanged. Revenue was short as adjusted earnings were ahead of estimates, while revenue was positive.
Separately, according to The New York Times, the U.S. Food and Drug Administration will approve a mix and match approach for COVID - 19 booster shots. An official announcement could come as early as this week.
Walmart Inc. was added to the Goldman Sachs Americas Conviction List due to the belief that the world's largest retailer is in a position to take market share and improve profitability next year.
Proctor Gamble reported earnings and revenues that exceeded Wall Street estimates as price hikes offset higher costs. The company warned it expects inflation to rise in the months ahead.
Travelers Companies Inc. beat both the top and bottom lines as stronger investment returns helped offset a rise in catastrophe losses.
Haliburton Co. swung to a quarterly profit after losing money a year ago as demand picked up for oilfield services as crude prices rebounded. Jeff Miller is seeing a multi-year upcycle unfold. Gold traded for $ 8.07 to $83.51 a barrel and crude oil rose $13.20 to $1,778. An ounce is 90 an ounce.
The European FTSE 100 (NFL ) shares, France CAC 40 and Germany s DAX 30 (WT) held gains between 0.1% and 0.2%.
Asian bourses rallied across the board with Hong Kong's Hang Seng index climbing 1.49%, Japan's Shanghai Composite advanced 0.7% and China s Nikkei 225 edged up 0.65%.