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Sector Update: Health Care
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Sector Update: Health Care
Mar 10, 2026 11:41 PM

01:35 PM EST, 01/05/2026 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index down 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.5%.

The iShares Biotechnology ETF (IBB) fell 1.9%.

In corporate news, Novo Nordisk ( NVO ) said Monday its Wegovy pill is now "broadly" available in the US for weight loss in adults with obesity or who are overweight and have weight-related medical problems. Novo shares gained 4.5%, and Novo's rival Eli Lilly ( LLY ) was retreating 3.6%.

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