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Sector Update: Health Care
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Sector Update: Health Care
Nov 3, 2024 2:07 PM

01:39 PM EDT, 10/29/2024 (MT Newswires) -- Health care stocks were edging lower Tuesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each easing 0.1%.

The iShares Biotechnology ETF (IBB) shed 0.3%.

In corporate news, Pfizer ( PFE ) lifted its full-year outlook on Tuesday, driven by higher expectations for sales of its COVID-19 drugs, after it swung to higher-than-expected earnings in Q3 and revenue jumped 31%. Its shares still fell 1.5%.

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