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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/11/05 19:34
03:34 PM EST, 11/05/2026 (MT Newswires) -- Healthcare stocks declined late Thursday afternoon, with the NYSE Healthcare Index falling 2% and the State Street Health Care Select Sector SPDR ETF (XLV) dropping 2.4%. The iShares Biotechnology ETF (IBB) slumped 4.5%. In corporate news, Veracyte (VCYT) shares fell 56% after the company's Q3 results and Leerink Partners' rating downgrade to market-perform from outperform.
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