Wall Street Rises as Yields Ease and Moderna Surges
U.S. stocks closed higher as falling Treasury yields relieved investor pressure and Moderna shares surged following positive cancer therapy trial results.
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U.S. stock indexes closed higher on Wednesday, lifted by a record rally in MODERNA INC shares and falling government bond yields. The S&P 500 gained 16.22 points to 7,707.98 following recent market volatility. The advance provided relief to investors navigating shifting rate expectations and elevated Treasury yields across United States markets.
