financetom
Market
financetom
/
Market
/
Sector Update: Health Care
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care
Jun 13, 2025 11:00 AM

01:36 PM EDT, 06/13/2025 (MT Newswires) -- Health care stocks declined Friday afternoon, with the NYSE Health Care Index shedding 0.2% and the Health Care Select Sector SPDR Fund (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) fell 0.6%.

In corporate news, IBio ( IBIO ) shares dropped 8% after the company filed on Friday a preliminary prospectus for the sale of up to around 11.3 million shares by certain shareholders.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's Nikkei tracks Wall Street higher on broad-based rally
Japan's Nikkei tracks Wall Street higher on broad-based rally
Jun 2, 2024
TOKYO, June 3 (Reuters) - Japan's Nikkei share average rose on Monday, buoyed by a stellar performance on Wall Street as investors held onto hopes for U.S. interest rate cuts this year. The Nikkei was up 0.9% at 38,849.65 by the midday break, hugging the psychologically significant 39,000-point mark. The broader Topix was up 0.83% at 2795.40. Positive news on...
JGB yields retreat from decade peaks as US yields slide
JGB yields retreat from decade peaks as US yields slide
Jun 2, 2024
TOKYO, June 3 (Reuters) - Japanese government bond yields pulled back from near more-than-decade peaks on Monday, tracking a slide in Treasury yields as cooler U.S. inflation revived bets of Federal Reserve rate cuts. The 10-year JGB yield fell 1 basis point (bp) to 1.06% as of 0443 GMT, following its jump to 1.1% on Thursday for the first time...
US STOCKS-Dow has best daily gain for year; indexes up sharply for May
US STOCKS-Dow has best daily gain for year; indexes up sharply for May
May 31, 2024
* US annual PCE inflation rises 2.7% YoY in April * Dell plunges after lower current-quarter profit forecasts * Trump Media ( DJT ) falls in choppy trading after Trump conviction * Indexes: Dow up 1.51%, S&P 500 up 0.8%, Nasdaq down 0.01% (Recasts with late rally throughout) By Abigail Summerville NEW YORK, May 31 (Reuters) - The Dow and...
Wall St Week Ahead-Struggling Dow transport stocks could be economic warning signal
Wall St Week Ahead-Struggling Dow transport stocks could be economic warning signal
Jun 2, 2024
NEW YORK, May 31 (Reuters) - It's been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the market sticks out as a sore spot. The Dow Jones Transportation Average has fallen about 5% so far this year, a significant contrast with the 9% year-to-date rise for the benchmark S&P 500 and the 1%...
Copyright 2023-2026 - www.financetom.com All Rights Reserved