REUTERS: U.S. stock index futures pointed to fresh highs for the S&P 500 on Wednesday, as investors took heart from China's efforts to contain a deadly virus outbreak, while strong results from IBM and Netflix boosted earnings optimism.
Netflix Inc rose 1.9per cent as international growth helped the streaming video service beat expectations for subscription growth, even as it warned of a tough first quarter.U.S. semiconductor stocks benefited from a strong forecast from Dutch firm ASML Holding NV , the latest large chipmaker to indicate a recovery in the sector.
Among the weak spots was Johnson & Johnson , dropping 1.6per cent after missing quarterly revenue estimates due to disappointing sales of its blockbuster psoriasis medicine Stelara and cancer drug Imbruvica.
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