U.S. stock futures turned lower and Treasuries erased losses after a report that the U.S. will seek to 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 small cap contracts lost almost 1% after the New York Times reported that Federal health agencies on Tuesday will call for an immediate pause in use of Johnson & Johnson’s single-dose coronavirus vaccine to investigate safety issues over blood clots.
Bond yields steadied before consumer-price index numbers due at 8:30 a.m. New York time. Fund