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Sector Update: Health Care
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Sector Update: Health Care
Apr 16, 2024 10:57 AM

01:35 PM EDT, 04/16/2024 (MT Newswires) -- Health care stocks edged higher Tuesday afternoon with the NYSE Health Care Index up 0.1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.2%.

The iShares Biotechnology ETF (IBB) shed 0.4%.

In corporate news, UnitedHealth ( UNH ) shares rose 5.2% after Q1 profit and revenue topped estimates by analysts, and the company affirmed its 2024 adjusted earnings outlook despite disruptions from a cyberattack.

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