financetom
Market
financetom
/
Market
/
Sector Update: Health Care
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care
Jun 16, 2026 6:29 AM

08:58 AM EDT, 06/16/2026 (MT Newswires) -- Healthcare stocks were steady pre-bell Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) up 0.3% and the iShares Biotechnology ETF (IBB) unchanged.

Zai Lab ( ZLAB ) stock was up more than 2% after the company said the European Medicines Agency has granted orphan drug designation to its experimental therapy, zocilurtatug pelitecan, for the treatment of pulmonary neuroendocrine carcinomas, a type of lung cancer.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Geopolitical Risks Weigh on Exchange-Traded Funds, US Equities
Geopolitical Risks Weigh on Exchange-Traded Funds, US Equities
Apr 12, 2024
12:56 PM EDT, 04/12/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were trading more than 1% lower. Actively traded Invesco QQQ Trust (QQQ) was down 1.7%. US equity indexes and government bond yields fell in midday trading on Friday amid speculation that Iran will launch a strike against Israel and as mega-cap bank earnings...
TREASURIES-Treasury prices rise as geopolitical risks, poor bank results spur buying
TREASURIES-Treasury prices rise as geopolitical risks, poor bank results spur buying
Apr 12, 2024
NEW YORK, April 12 (Reuters) - Treasury prices rose on Friday as investors grappled with revised expectations for Federal Reserve rate cuts after hot inflation readings this week and as geopolitical concerns spurred safe-haven buying. Boston Fed President Susan Collins said she's eyeing two rate cuts this year amid expectations it could take some time to get inflation back to...
Geopolitical Risks, Underwhelming Start to Bank Earnings Push US Indexes Lower
Geopolitical Risks, Underwhelming Start to Bank Earnings Push US Indexes Lower
Apr 12, 2024
12:39 PM EDT, 04/12/2024 (MT Newswires) -- US equity indexes and government bond yields fell in midday trading on Friday amid speculation Iran will launch a strike against Israel and as mega-cap bank earnings underwhelmed. The S&P 500 fell 0.9% to 5,150.5, with the Nasdaq Composite down 1.1% to 16,261.4 and the Dow Jones Industrial Average 0.8% lower at 38,162.9....
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall
Apr 12, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * JPMorgan Chase ( JPM ) down after NII forecast miss * Citigroup ( C/PN ) eases after lower Q1 profit * Indexes down: Dow 0.94%, S&P 1.01%, Nasdaq 1.18% (Updated at 11:26 a.m. ET/ 1526 GMT) By Shashwat Chauhan...
Copyright 2023-2026 - www.financetom.com All Rights Reserved