financetom
Market
financetom
/
Market
/
Sector Update: Health Care Stocks Rise Premarket Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care Stocks Rise Premarket Monday
Aug 11, 2025 6:42 AM

09:15 AM EDT, 08/11/2025 (MT Newswires) -- Health care stocks were rising premarket Monday, with The Health Care Select Sector SPDR Fund ( XLV ) and iShares Biotechnology ETF (IBB) 0.3% higher.

RadNet ( RDNT ) stock was up more than 7% after the company posted higher Q2 adjusted earnings and service revenue.

Legend Biotech ( LEGN ) shares were more than 2% higher after the company reported that it swung to Q2 adjusted earnings as revenue increased during the period.

Novartis ( NVS ) shares were up more than 1% after the company said two phase III trials assessing ianalumab in adults with active Sjogren's disease met the primary endpoint of showing "statistically significant" improvements in disease activity.

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 >
S&P 500, Nasdaq Composite Touch Record Highs After Consumer Price Index Eases
S&P 500, Nasdaq Composite Touch Record Highs After Consumer Price Index Eases
May 15, 2024
12:43 PM EDT, 05/15/2024 (MT Newswires) -- US equity indexes rose in midday trading on Wednesday, pushing the S&P 500 and the Nasdaq Composite to new record highs, and government bond yields slumped after the consumer price index eased in April. The S&P 500 traded up 0.9% to 5,292.7 after touching a new record of 5,293.15 earlier in the session....
US STOCKS-S&P 500, Nasdaq at record highs as lukewarm inflation fuels rate-cut bets
US STOCKS-S&P 500, Nasdaq at record highs as lukewarm inflation fuels rate-cut bets
May 15, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Consumer prices rise less than expected in April; core CPI slows * Retail sales flat in April * Meme stocks snap sharp rally * Indexes up: Dow 0.66%, S&P 0.86%, Nasdaq 0.97% (Updated at 11:20 a.m. ET/ 1520 GMT)...
Top Midday Stories: Netflix to Stream 2 NFL Games on Christmas Day; AMC, GameStop Shares Plummet After Meme-Stock Rally; Amazon Warehouse Workers Struggle With Food, Housing Insecurity
Top Midday Stories: Netflix to Stream 2 NFL Games on Christmas Day; AMC, GameStop Shares Plummet After Meme-Stock Rally; Amazon Warehouse Workers Struggle With Food, Housing Insecurity
May 15, 2024
11:53 AM EDT, 05/15/2024 (MT Newswires) -- The S&P 500 and Nasdaq Composite both hit record highs Wednesday as investors responded warmly to a slower-than-expected consumer price index inflation report. In company news, Netflix ( NFLX ) and the National Football League announced Wednesday that the streaming service secured broadcast rights to two Christmas Day games. Netflix ( NFLX )...
Easing Inflation Spurs S&P 500, Nasdaq Composite to Record Highs
Easing Inflation Spurs S&P 500, Nasdaq Composite to Record Highs
May 15, 2024
11:59 AM EDT, 05/15/2024 (MT Newswires) -- US equity indexes rose in midday trading on Wednesday, pushing the S&P 500 and the Nasdaq Composite to new highs, and government bond yields slumped after consumer price inflation eased in April. The S&P 500 traded up 0.7% to 5,283.1, after touching a new record of 5,293.15 earlier in the session. The Nasdaq...
Copyright 2023-2026 - www.financetom.com All Rights Reserved