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S&P 500 Surges 1.1% as Moderna Stock Pops on Cancer Vaccine Optimism and Trumps Tariff Reprieve

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The S&P 500 advanced 1.1% on Wednesday, driven by a delay in tariffs affecting U.S. automakers and optimism over Moderna's cancer vaccine, with shares surging 15.9% after a top executive announced a 2027 release.

Adam Glanzman / Bloomberg / Getty Images: Moderna's stock surged 15.9% after a top executive expressed optimism over its cancer vaccine, driving the S&P 500 higher.

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