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Sector Update: Healthcare Stocks Mixed in Afternoon Trading
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Sector Update: Healthcare Stocks Mixed in Afternoon Trading
Jul 17, 2026 10:48 AM

01:19 PM EDT, 07/17/2026 (MT Newswires) -- Healthcare stocks were mixed Friday afternoon, with the NYSE Healthcare Index increasing 0.1% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.3%.

The iShares Biotechnology ETF (IBB) was up 0.1%.

In corporate news, Intuitive Surgical ( ISRG ) shares fell past 12%. Growth in the company's da Vinci robotic surgery procedures in the US moderated due in part to changes in Affordable Care Act premium subsidies, even as it reported better-than-expected quarterly results.

GSK (GSK) shares were down 2.7% after it said Friday it will discontinue development of camlipixant for refractory chronic cough after the drug produced mixed results in the phase 3 CALM-1 and CALM-2 trials.

Takeda Pharmaceutical ( TAK ) shares rose 2%. The company said late Thursday that new phase 3 data showed its oral TYK2 inhibitor, zasocitinib, delivered high rates of skin clearance across difficult-to-treat body sites in adults with moderate-to-severe plaque psoriasis.

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