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Sector Update: Healthcare
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Sector Update: Healthcare
May 12, 2026 12:37 PM

03:30 PM EDT, 05/12/2026 (MT Newswires) -- Healthcare stocks advanced late Tuesday afternoon, with the NYSE Healthcare Index and the State Street Healthcare Select Sector SPDR ETF (XLV) each rising 2%.

The iShares Biotechnology ETF (IBB) increased 1.2%.

In sector news, President Donald Trump said Tuesday that US Food and Drug Administration Commissioner Marty Makary is resigning, Bloomberg reported.

In corporate news, West Pharmaceutical Services ( WST ) shares were down 2.3% after the company said in a regulatory filing its global operations were disrupted by a cyberattack.

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