08:56 AM EDT, 07/24/2024 (MT Newswires) -- Health care stocks were leaning lower premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) was down 0.4% and the iShares Biotechnology ETF (IBB) was declining by 0.5% recently.

Tenet Healthcare ( THC ) was up more than 6% after reporting higher Q2 adjusted earnings and net operating revenue. The company also raised its full-year outlook for adjusted earnings and net operating revenue.