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Sector Update: Healthcare

Jun 17, 2026 10:29 AM

01:06 PM EDT, 06/17/2026 (MT Newswires) -- Healthcare stocks declined Wednesday afternoon, with the NYSE Healthcare Index decreasing 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.6%.

The iShares Biotechnology ETF (IBB) rose 2.1%.

In corporate news, IQVIA ( IQV ) shares fell 3.8% after Morgan Stanley downgraded the company to equalweight from overweight and cut its price target to $200 from $225.

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