US STOCKS-Wall St set to open higher on Goldman, Netflix results

martes 18 de octubre de 2016 08:52 GYT
 

* Netflix up 18 pct on strong subscriber growth

* Goldman Sachs gains as profit rises 58 pct

* J&J slips on Pfizer's plans to sell generic drug

* Futures up: Dow 98 pts, S&P 14.5 pts, Nasdaq 37.25 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 18 (Reuters) - Wall Street was set for a higher open on Tuesday, buoyed by a slew of better-than-expected quarterly reports, including from Netflix and Goldman Sachs.

Shares of Netflix surged 18 percent to $117.86 in heavy premarket trading after the video streaming website added many more subscribers in the third quarter than expected.

Goldman rose 1.2 percent and lifted shares of other banks after the company's third-quarter results blew past Wall Street estimates as it raked in higher trading revenue.

A slew of better-than-expected earnings, including from big U.S. banks, in recent days have led analysts to narrow their estimate for the drop in third-quarter profit at S&P 500 companies to 0.1 percent from their earlier view of 0.7 percent.   Continuación...