Stock futures sink after US calls for pause of Johnson & Johnson Covid vaccine rollout due to health issues

1 min


116
17 shares, 116 points
Stock futures sink after US calls for pause of Johnson & Johnson Covid vaccine rollout due to health issues

US stock futures slid on Tuesday morning after US federal health officials called for a pause in the rollout of Johnson & Johnson’s coronavirus vaccine amid concerns over rare blood clots.

Contracts on the Dow Jones sold off 200 points following the news. The S&P 500 futures were down 0.3% at 4,127, while Nasdaq also pivoted lower by 0.3%. A day earlier, all the three major indexes ended slightly below record levels.

Shares of Dow component Johnson & Johnson also sank almost 3% in pre-market trading on Tuesday.

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“We are recommending a pause in the use of this vaccine out of an abundance of caution,” the US Food and Drug Administration (FDA) said in a Twitter post, pointing toward six “extremely rare” cases of people suffering a “severe type of blood clot” after being vaccinated. Over 6.8 million Americans have received the Johnson & Johnson vaccine, with even more having gotten the job internationally.
Also on rt.com FDA calls for ‘pause’ on Johnson & Johnson Covid vaccine after six women get blood clot disorder resulting in one death
The health agencies said they are reviewing data over six reported US cases of a severe blood clot in individuals after receiving the vaccine, and have recommended the pause “out of an abundance of caution,” the FDA added.

Johnson & Johnson said in a statement that “no clear causal relationship” has been identified between the blood clots and the vaccine, adding it is working closely with regulators to assess the data.

For more stories on economy & finance visit RT’s business section

RT
This article originally appeared on RT Business News

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116
17 shares, 116 points

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