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Moderna, Eli Lilly Lead Healthcare Stocks Higher on a Down Day for Markets
Moderna and Eli Lilly led healthcare stocks higher Wednesday.Credit: David L. Ryan / The Boston Globe via Getty ImagesKey TakeawaysModerna, Eli Lilly, and other healthcare stocks rose Wednesday, while broader markets lost ground. Many of the biggest names in the sector will be reporting earnings in the coming weeks as the third-quarter earnings season kicks into gear. The healthcare sector stood out as one of the few bright spots in Wednesday’s trading.Moderna (MRNA) rose roughly 5% and Eli Lilly (LLY) added nearly 3% to rank among the day’s best-performing stocks in the S&P 500. Drugmakers…
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