U.S. stock futures dropped in a sudden move after the U.S. Food and Drug Administration said it’s recommending a pause in the Johnson & Johnson COVID-19 vaccine after reported cases of blood clotting.
Futures for the Dow Jones Industrials stumbled 119 points, or 0.3%, to 33,512.
Futures for the S&P 500 faded 11.25 points, or 0.3%, to 4,109.25.
Futures for the NASDAQ Composite index fell 8.75 points, or 0.1%, to 13,800.
J&J shares fell 3% in pre-market trading.
There have been six reported cases of a rare and severe type of blood clot after receiving the J&J vaccine, the FDA said. More than 6.8 million doses of the J&J vaccine have been administered in the U.S. The agency is calling for a pause in the vaccine until Centers for Disease Control and Prevention concludes its investigation into these cases.
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