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Sector Update: Health Care
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Sector Update: Health Care
Sep 28, 2024 1:50 AM

01:51 PM EDT, 09/27/2024 (MT Newswires) -- Health care stocks were mixed Friday afternoon with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) adding 0.3%.

The iShares Biotechnology ETF (IBB) climbed 1%.

In corporate news, Bristol-Myers Squibb ( BMY ) obtained approval from the US Food and Drug Administration for its Cobenfy drug to treat schizophrenia in adults. The shares rose 2.9%.

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