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Sector Update: Health Care
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Sector Update: Health Care
Mar 27, 2026 12:34 PM

03:20 PM EDT, 03/27/2026 (MT Newswires) -- Health care stocks declined late Friday afternoon, with the NYSE Health Care Index down 0.8% and the State Street Health Care Select Sector SPDR ETF (XLV) falling 1.4%.

The iShares Biotechnology ETF (IBB) dropped 2.5%.

In corporate news, Eli Lilly ( LLY ) has secured a partial victory after a US federal judge allowed key portions of its lawsuit alleging false advertising and unfair competition against Aios, which operates as Fella Health and Delilah, to proceed. According to a court order, Eli Lilly ( LLY ) adequately alleged that Fella's marketing of compounded tirzepatide products could mislead consumers and divert sales. Lilly shares were down 1.6%.

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