Sector Update: Healthcare Stocks Advance Friday Afternoon

01:39 PM EST, 11/06/2026 (MT Newswires) -- Healthcare stocks were higher Friday afternoon, with the NYSE Healthcare Index fractionally higher and the State Street Health Care Select Sector SPDR ETF (XLV) up about 0.5%. The iShares Biotechnology ETF (IBB) climbed up 2.3%. In corporate news, Moderna (MRNA) raised its full-year revenue growth outlook on Friday and swung to a surprise Q3 profit year over year amid strong international sales of its COVID-19 vaccine. Its shares jumped past 8%. Eli Lilly (LLY) and Hims & Hers Health (HIMS) said they signed an agreement to expand patient access to Eli Lilly's weight loss medicines Zepbound and Foundayo. Hims & Hers shares gained 7%, and Lilly was up 0.3%. Novartis (NVS) said testing has linked two tumor cases to its Zolgensma gene therapy, which treats spinal muscular atrophy, a rare genetic disease that causes progressive muscle weakness, Bloomberg reported. Novartis shares were up 0.6%.