08:55 AM EDT, 07/23/2025 (MT Newswires) -- Health care stocks were advancing premarket Wednesday as the Health Care Select Sector SPDR Fund (XLV) and iShares Biotechnology ETF (IBB) were both up 0.6% recently.

Thermo Fisher Scientific ( TMO ) shares were up more than 7% after the company reported fiscal Q2 adjusted earnings and revenue that topped analysts' expectations.