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Sector Update: Health Care
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Sector Update: Health Care
Dec 17, 2024 10:57 AM

01:33 PM EST, 12/17/2024 (MT Newswires) -- Health care stocks were mixed Tuesday afternoon, with the NYSE Health Care Index increasing 0.1% and the Health Care Select Sector SPDR Fund (XLV) fractionally lower.

The iShares Biotechnology ETF (IBB) rose 0.6%.

In corporate news, Pfizer ( PFE ) shares gained 4.6%. The company is projecting higher earnings for 2025 and revenue in line with this year's likely result as it looks to continue "disciplined execution" and cost cuts.

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