Markets have edged upwards this morning as investors wait for the minutes from the latest Fed Reserve meeting to be published this afternoon. Any sign that rate rises could be more or less aggressive than currently expected could trigger significant market moves. Right now, the S&P 500 is up 0.27% at 3,598 and the Nasdaq is up 0.2% at 10,477.

In today’s update we look at some strong numbers from PepsiCo and why shares in Moderna are up over 10% today. Read on for all of Wednesday morning's main market movers.