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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/10/12 19:28
03:28 PM EDT, 10/12/2026 (MT Newswires) -- Healthcare stocks rose late Monday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each adding 0.5%. The iShares Biotechnology ETF (IBB) was falling 1.2%. In corporate news, Bristol-Myers Squibb (BMY) said the death of a patient with idiopathic pulmonary fibrosis given a higher dose of admilparent was likely not related to the treatment, Bloomberg reported Monday, citing a company spokesperson. Bristol-Myers Squibb shares were down 3.2%.
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