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Sector Update: Health Care
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Sector Update: Health Care
Aug 19, 2024 1:11 PM

03:37 PM EDT, 08/19/2024 (MT Newswires) -- Health care stocks were higher late Monday afternoon, with the NYSE Health Care Index rising 0.4% and the Health Care Select Sector SPDR Fund (XLV) gaining 0.5%.

The iShares Biotechnology ETF (IBB) rose 1.7%.

In corporate news, BioNTech (BNTX) shares jumped 5.1% after it said Monday the US Food and Drug Administration lifted a partial clinical hold on an early-stage study of experimental cancer drug BNT326/YL202 in collaboration with MediLink Therapeutics.

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