I keep an eye on equity futures in the pre-market hours. An occasional glance once in a while. Today, they were slightly mixed, DOW and SnP slightly up and NASDAQ slightly down.. What I refer to as a"Kiss your cousin" kinda action as in, not very exciting. Suddenly, there was a 1% drop accross the board at about 7am. Too much for normal market fluctuation, so I started looking for news. After a few minutes..... Guess thats all it takes.
FDA temporarily halts use of Johnson & Johnson vaccine due to rare blood clotting issues (cnbc.com)
Thanks Tim, astute observation.
The surprise news can cost you or make you alot of money real fast in many markets.
As they used to say on the Johhny Carson show, "More to come."
There always is more to come and its sometimes much different than what we expected!