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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/10/27 17:35
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01:35 PM EDT, 10/27/2026 (MT Newswires) -- Healthcare stocks were lower Tuesday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each down about 0.1%. The iShares Biotechnology ETF (IBB) rose 1.1%. In corporate news, Novo Nordisk (NVO) failed to convince a US judge to block Eli Lilly (LLY) from running weight-loss and diabetes drug ads it called false and misleading, multiple news outlets reported Tuesday, citing court proceedings. Novo shares were down 1%, and Lilly rose 0.2%.
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