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Sector Update: Health Care

Nov 9, 2024 5:12 AM

01:51 PM EST, 11/05/2024 (MT Newswires) -- Health care stocks rose Tuesday afternoon with the NYSE Health Care Index up 0.4% and the Health Care Select Sector SPDR Fund (XLV) rising 0.6%.

The iShares Biotechnology ETF (IBB) rose 1%.

In corporate news, AstraZeneca's ( AZN ) shares tumbled 6.8% after China's Yicai news agency reported that several senior executives at the company's regional unit were implicated in an insurance fraud case.

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