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Sector Update: Health Care
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Sector Update: Health Care
May 24, 2024 10:55 AM

01:42 PM EDT, 05/24/2024 (MT Newswires) -- Health care stocks were easing Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.2%.

In corporate news, Eli Lilly ( LLY ) said Friday it's investing an additional $5.3 billion into its manufacturing site in Lebanon, Indiana, bringing its total investment to $9 billion. The company's shares were fractionally higher.

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