financetom
Market
financetom
/
Market
/
Sector Update: Healthcare
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Healthcare
May 20, 2026 12:47 PM

03:29 PM EDT, 05/20/2026 (MT Newswires) -- Healthcare stocks were lower late Wednesday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each decreasing about 0.1%.

The iShares Biotechnology ETF (IBB) rose 1.9%.

In corporate news, Cigna ( CI ) shares fell 2.2% after Deutsche Bank downgraded the company's stock to hold from buy and adjusted its price target to $302 from $303.

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 >
Sector Update: Financial
Sector Update: Financial
Oct 15, 2025
09:00 AM EDT, 10/15/2025 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with The Financial Select Sector SPDR Fund (XLF) advancing by 0.8%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2% lower. Bank of America ( BAC ) stock was up more...
Sector Update: Tech
Sector Update: Tech
Oct 15, 2025
08:57 AM EDT, 10/15/2025 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 2.2% higher. ASML Holding ( ASML ) stock was up more than 4% after the company reported higher fiscal Q3 earnings and net sales. ...
Sector Update: Health Care
Sector Update: Health Care
Oct 15, 2025
08:59 AM EDT, 10/15/2025 (MT Newswires) -- Health care stocks were mixed premarket Wednesday, with the Health Care Select Sector SPDR Fund (XLV) down 0.1% and the iShares Biotechnology ETF (IBB) 0.7% higher. Abbott Laboratories ( ABT ) shares were down nearly 4% after the company reported Q3 net sales that missed analysts' estimates and cut the top end of...
SNAPSHOT-India stocks, rupee, swaps, call at close
SNAPSHOT-India stocks, rupee, swaps, call at close
Oct 15, 2025
Oct 15 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.7% at 82,605.43, while the broader NSE Nifty 50 index advanced 0.71% to 25,323.55, as growing expectations of a U.S. Federal Reserve rate cut and optimism over an earnings rebound buoyed sentiment. RUPEE: The Indian rupee rose 0.81% versus the U.S. dollar to 88.075, as firm central bank intervention...
Copyright 2023-2026 - www.financetom.com All Rights Reserved