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* Futures up: Dow 0.07%, S&P 500 0.05%, Nasdaq 0.15%
By Shreyashi Sanyal
Oct 22 (Reuters) - U.S. stock index futures rose on Tuesday,
after another batch of strong corporate earnings eased concerns
over domestic growth and the fallout from the prolonged
U.S.-China trade war.
The benchmark S&P 500 index .SPX closed above 3,000 points
on Monday, just shy of its record high hit in July, as investors
also cheered signs of progress toward a resolution of the bitter
spat between the world's two biggest economies.
Strong earnings reports since last week have provided some
respite to equity markets, which were also rattled over the past
few months by geopolitical worries and a slowing global economy.
Procter & Gamble Co PG.N gained 4.6% in premarket trading
after raising full-year forecasts and beating Wall Street
estimates. Biogen Inc BIIB.O surged 37.4% after the drugmaker
announced a surprise plan to file for U.S. regulatory approval
for its Alzheimer's treatment.
Harley-Davidson Inc HOG.N rose 6.7% as it beat quarterly
profit expectations, while United Technologies Corp UTX.N
gained 1.7% on a forecast raise.
Of the 75 S&P 500 companies reporting results by Monday,
over 80% had topped Street estimates. Still, analysts expect the
first earnings contraction since 2016 in the backdrop of a
slowing domestic economy and the trade war.
The threat of tariffs on toys imported from China hit
toymaker Hasbro Inc's HAS.O quarterly profit as shipping and
warehousing costs soared. Its shares tumbled 9.5% before the
bell.
At 7:31 a.m. ET, Dow e-minis 1YMcv1 were up 20 points, or
0.07%. S&P 500 e-minis EScv1 were up 1.5 points, or 0.05% and
Nasdaq 100 e-minis NQcv1 were up 12.25 points, or 0.15%.