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Sector Update: Health Care Stocks Rise Tuesday Afternoon
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Sector Update: Health Care Stocks Rise Tuesday Afternoon
Apr 14, 2026 11:05 AM

01:31 PM EDT, 04/14/2026 (MT Newswires) -- Health care stocks rose Tuesday afternoon, with the NYSE Health Care Index and the State Street Health Care Select Sector SPDR ETF (XLV) each adding 0.8%.

The iShares Biotechnology ETF (IBB) climbed 2.1%.

In corporate news, Johnson & Johnson ( JNJ ) lifted its full-year outlook on Tuesday as the healthcare products conglomerate's Q1 results surpassed Wall Street's expectations. Its shares rose 1.5%.

Novo Nordisk ( NVO ) has received the Medicines and Healthcare products Regulatory Agency approval for a new single-dose 7.2 mg of Wegovy to treat adults with obesity, the UK regulator said. Novo shares climbed 3%.

Avanos Medical ( AVNS ) shares surged 69% after the company said Tuesday it agreed to be acquired by American Industrial Partners affiliates in an all-cash deal valuing the company at roughly $1.27 billion.

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