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Jan. 15, 2021, 10:30 a.m. EST

Dow skids to session low Friday morning amid report that Pfizer vaccines in EU may face delays

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By Mark DeCambre

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 /zigman2/quotes/202877789/composite PFE +2.63% 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 /zigman2/quotes/210599714/realtime SPX -1.31% was off 1.2% at 3,749, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -2.70% 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.

/zigman2/quotes/202877789/composite
US : U.S.: NYSE
$ 34.39
+0.88 +2.63%
Volume: 46.02M
March 3, 2021 4:02p
P/E Ratio
20.11
Dividend Yield
4.54%
Market Cap
$186.91 billion
Rev. per Employee
$533,860
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/zigman2/quotes/210599714/realtime
US : S&P US
3,819.72
-50.57 -1.31%
Volume: 2.72B
March 3, 2021 5:03p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
12,997.75
-361.04 -2.70%
Volume: 4.84M
March 3, 2021 5:16p
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