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The Nasdaq 100 fell 1% by midday Wednesday after September CPI topped forecasts, pushing Treasury yields and rate-hike bets higher.
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Moderna (MRNA) jumps as Q3 earnings swing to a surprise profit of $0.38/share on strong global vaccine sales and cost cuts.
Merck Healthcare and JD Health have entered into a strategic partnership to prioritize the online launch of new drugs on the JD Health platform over the next three years.
Gold ETFs face mixed signals as higher interest rates weigh on prices, but potential Iran war resolution, sustained central bank buying, and AI bubble concerns could support the precious metal. Central banks are expected to purchase 50 tons of gold monthly in 2026, while gold's share of global reserves has surpassed U.S. Treasuries, providing long-term tailwinds for gold investments.
Evaxion announced new phase 2 biomarker data for its personalized cancer vaccine EVX-01 in advanced melanoma patients, demonstrating potent neoantigen-specific T-cell responses and validating the predictive performance of its AI-Immunology™ platform. The data showed 89% vaccine target precision with sustained clinical responses at three-year follow-up, including a 75% objective response rate at two years.
U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.