GenTrust Head of Equities Olivier Sarfati in Reuters

US STOCKS-S&P 500, Nasdaq set for higher open on Alphabet boost

  • Alphabet set for best day in nine months
  • Spotify drops as outlook disappoints
  • Amgen leads losses among Dow components premarket
  • Futures: Dow flat, S&P up 0.35%, Nasdaq up 0.67% (Adds comment, details; updates prices)

The S&P 500 and the Nasdaq were on pace to open higher on Wednesday after strong quarterly showing from heavyweights Alphabet and Amazon, while investors counted on more fiscal stimulus to aid an economic recovery.

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