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Sector Update: Health Care
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Sector Update: Health Care
Mar 30, 2026 10:38 AM

01:20 PM EDT, 03/30/2026 (MT Newswires) -- Health care stocks rose Monday afternoon, with the NYSE Health Care Index increasing 0.6% and the State Street Health Care Select Sector SPDR ETF (XLV) up 0.5%.

The iShares Biotechnology ETF (IBB) climbed 1%.

In corporate news, Johnson & Johnson's ( JNJ ) Vision segment targets to deliver mid-to-high single digit growth in the long term, with catalysts like upcoming product launches, contact lens market recovery, and planned increase in capital allocation, RBC Capital Markets said in a note. RBC kept its outperform rating on Johnson & Johnson ( JNJ ), with a $255 price target. Johnson & Johnson ( JNJ ) shares gained 1%.

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