U.S. stock market indexes Friday morning were trading at or near sessions lows after a report indicated some delays in the distribution of vaccines from Pfizer in Europe. AFP reported that the European Union's Pfizer (NYS:PFE) vaccine deliveries could be delayed 'for next 3-4 weeks.' The Dow was trading off 370 points, or 1.2%, at 30,620, the S&P 500 index (S&P:SPX) was off 1.2% at 3,749, while the Nasdaq Composite Index (NASDAQ:COMP) was off 1.2% at 12,954. Stock benchmarks had been under pressure earlier in the session as investors digested President-elect Joe Biden's COVID-19 fiscal spending proposal and weaker-than-expected retail sales reports. Investors are fixated on vaccine distributions as investors look toward the prospects of a recovery from the virus-stricken economy.
Jan. 15, 2021, 10:30 a.m. EST