Dow jumps 200 pts in premarket amid earnings

Tuesday, 19. October 2021 13:32

Shares on the major stock market indices in the United States accelerated gains in the premarket on Tuesday, with the Dow Jones Industrial Average soaring over 200 points.

The optimistic sentiment was seemingly spurred by strong earnings reports posted by Johnson & Johnson, Halliburton, and Procter & Gamble. The investors will also keep an eye on the housing starts data, scheduled for release before the opening bell.

The Dow Jones surged 0.56%, or 197 points, at 7:31 am ET, while the Nasdaq 100 advanced 0.48% a minute later. The S&P 500 jumped 0.55% at the same time. The euro strengthened 0.41% versus the dollar at 7:33 am ET, going for 1.16573 and reaching a three-week high.

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Breaking the News / BU