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ASX set to drop as Wall Street falls on vaccine worries – Sydney Morning Herald

The ASX’s seven-session winning streak looks in danger as a pause in Johnson & Johnson’s COVID-19 trial triggered concerns on Wall Street about the timing of a …

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The Dow and the S&P 500 fell on Tuesday (US time) after a four-day winning streak as a pause in Johnson & Johnson’s COVID-19 trial triggered concerns about the timing of a vaccine, although a rally in technology shares supported the Nasdaq.
Johnson & Johnson shed 2 per cent as it said it would take “a few days” to review its halted clinical trial following an unexplained illness in a study participant, possibly delaying results on one of the most closely watched efforts to contain t…

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