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Sector Update: Health Care
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Sector Update: Health Care
Apr 10, 2026 1:04 PM

03:30 PM EDT, 04/10/2026 (MT Newswires) -- Health care stocks declined late Friday afternoon, with the NYSE Health Care Index falling 1.1% and the State Street Health Care Select Sector SPDR ETF (XLV) dropping 1.4%.

The iShares Biotechnology ETF (IBB) shed 1.7%.

In corporate news, AbbVie ( ABBV ) is expected to report Q1 earnings within its guidance range, but that may not be enough to improve sentiment toward the drugmaker, RBC Capital Markets said in a client note. The brokerage expects AbbVie ( ABBV ) to report per-share earnings of $2.59 for the first quarter, while the current consensus on FactSet is for non-GAAP EPS of $2.83. AbbVie ( ABBV ) shares were down 2%.

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