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Sector Update: Health Care
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Sector Update: Health Care
Mar 8, 2024 10:44 AM

01:28 PM EST, 03/08/2024 (MT Newswires) -- Health care stocks were mixed Friday afternoon, with the NYSE Health Care Index decreasing 0.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.2%.

In corporate news, Eli Lilly ( LLY ) shares dropped 3% after it said Friday that its Alzheimer's disease drug candidate donanemab will be delayed beyond the first quarter as the US Food and Drug Administration convenes a surprise meeting to gather more information about a late-stage trial.

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