Sector Update: Health Care-March 2024-www.financetom.com

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Sector Update: Health Care

Apr 12, 2024 10:59 AM

01:34 PM EDT, 04/12/2024 (MT Newswires) -- Health care stocks were retreating Friday afternoon, with the NYSE Health Care Index falling 1.4% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.8%.

The iShares Biotechnology ETF (IBB) was sliding 2%.

In corporate news, Zoetis ( ZTS ) tumbled more than 8% after a Wall Street Journal's report on dog owners blaming the drugmaker's arthritis drug Librela for causing side effects to their pets.

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