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Futures Slide After US Suspends J&J Vaccine


by Tyler Durden
Tuesday, Apr 13, 2021 - 08:09 AM
After trading flat for much of the overnight session in anticipation of today s key event, the CPI report (due out at 830am ET), US equity futures and European markets tumbled at precisely 7am after a report that the US will pause Johnson & Johnson vaccines amid health concerns, potentially dealing a blow to efforts to reopen the world’s largest economy.
Futures on the S&P 500 fell and reopening sensitive Russell 2000 contracts lost almost 1% after the New York Times reported and FDA confirmed that the US would will call for an
immediate pause in use of Johnson & Johnson’s single-dose coronavirus vaccine  after six U.S. recipients developed a rare disorder involving blood clots. All the six recipients were women between the ages of 18 and 48. One woman died and a second woman in Nebraska has been hospitalized in critical condition, the NYT reported. ....

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