S&P 500 Gains and Losses Today: Moderna Soars on Bird Flu Vaccine Potential

Key TakeawaysThe S&P 500 fell 1.1% on Tuesday, Jan. 7, as U.S. manufacturing data reinvigorated concerns about inflation and the interest rate outlook.Shares of data analytics software firm Palantir lost ground for the second straight session after Morgan Stanley analysts cited valuation concerns.Moderna shares surged as reports of the country's first bird-flu fatality sparked interest in the biotech firm's experimental H5N1 vaccine. Major U.S. equities indexes lost ground as the latest Purchasing Managers' ...