US closes in the red with COVID vaccines in focus

Shares on the major stock market indexes in the United States ended the trading session on Friday with losses after the US Food and Drug Administration voted against using Pfizer/BioNTech coronavirus vaccines as booster shots for the general population.

On the data front, worse-than-expected September’s consumer confidence report seemingly impacted the sentiment.

The Dow Jones Industrial Average dropped 0.48%, or 166 points, as the session ended with Dow Inc. down by 2.89%. The Nasdaq 100 concurrently tumbled 1.18%, as Copart dived 5.46%. The S&P 500 plunged 0.92% at the same time. Unum Group plummeted 6.04%, as the benchmark’s worst performer. The euro surrendered 0.29% compared to the dollar, selling for 1.17306 at 3:59 pm ET.