Dollar Rises, Risk Sinks on J&J Vaccine Concerns
Small Business
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1m 23s
European equities and American futures dropped early this morning on the news that the Food and Drug Administration will recommend pausing the use of the Johnson & Johnson Covid-19 vaccine following a number of blood clot issues. The drop in risk sentiment is likely going to be viewed as a “knee jerk” reaction as the production of other vaccines remains high. Nevertheless, the early pop in the dollar is undeniable.
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