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

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Sector Update: Health Care

Jul 17, 2024 11:10 AM

01:46 PM EDT, 07/17/2024 (MT Newswires) -- Health care stocks rose Wednesday afternoon with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) adding 0.7%.

The iShares Biotechnology ETF (IBB) fell 1.2%.

In corporate news, Johnson & Johnson's ( JNJ ) Q2 results topped estimates, and the company lowered its full-year earnings outlook to reflect the impact of recent acquisitions. The shares rose 4.2%.

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