U.S. stocks lost some momentum on Thursday after the Wall Street Journal reported that Pfizer Inc. PFE, -2.40% expects to ship half of the COVID vaccines it originally planned for this year because of supply-chain problems, but still expects to roll out more than a billion doses in 2021.
The Dow Jones Industrial Average DJIA, +0.09% was trading up 0.3% at 29,955, but off its best levels Thursday at 30,110, pushing it below its closing record. The S&P 500 index SPX, -0.20% traded 0.2% lower at 3,664, off its intraday high at 3,683, while the Nasdaq Composite Index [: COMP] rose 0.3% at 12,379, but were well off its best level at 12,439.
The idiots have taken over. They ignore all facts and abandoned logic.
Bad jobs number coming
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