financetom
Market
financetom
/
Market
/
Sector Update: Health Care
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Health Care
Mar 20, 2025 11:08 AM

01:40 PM EDT, 03/20/2025 (MT Newswires) -- Health care stocks were mixed Thursday afternoon, with the NYSE Health Care Index rising 0.3% and the Health Care Select Sector SPDR Fund (XLV) fractionally lower.

The iShares Biotechnology ETF (IBB) fell 1.1%.

In corporate news, Aspire Biopharma ( ASBP ) shares rose past 3% after it said Thursday its contract manufacturer Glatt Air Techniques produced the first clinical batch of pharmaceutical-grade oral mucosal form of aspirin with Aspire's formulation ahead of a bioavailability study expected to begin in April.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump Restores Ukraine Aid After Threatening 'Large-Scale' Sanctions On Moscow, But Russian Lawmaker Rejects Ceasefire Terms: Defense Stocks Fall
Trump Restores Ukraine Aid After Threatening 'Large-Scale' Sanctions On Moscow, But Russian Lawmaker Rejects Ceasefire Terms: Defense Stocks Fall
Mar 12, 2025
The United States has lifted its pause on intelligence sharing and resumed security assistance to Ukraine following Ukraine’s acceptance of a U.S.-proposed 30-day ceasefire plan, according to a joint statement released Tuesday. However, an influential Russian lawmaker quickly rejected American terms, and defense stocks fell in response. What Happened: The agreement came during a meeting in Jeddah, Saudi Arabia, where...
Russian rouble pulls back from months-long high as US proposes Ukraine ceasefire
Russian rouble pulls back from months-long high as US proposes Ukraine ceasefire
Mar 12, 2025
March 12 (Reuters) - The Russian rouble pulled back from a more than six-month high against the dollar on Wednesday after Ukraine said it was ready to support Washington's 30-day ceasefire proposal. After more than eight hours of talks with Ukrainian officials in Saudi Arabia on Tuesday, U.S. Secretary of State Marco Rubio said the U.S. would now take the...
Billionaire Howard Marks Prefers Credit Over Equity Amid Falling Market: 'Yields Implies Higher Returns From Credit Than The S&P 500'
Billionaire Howard Marks Prefers Credit Over Equity Amid Falling Market: 'Yields Implies Higher Returns From Credit Than The S&P 500'
Mar 12, 2025
Billionaire investor Howard Marks has highlighted the shifting investor sentiment toward credit investments amid the ongoing downfall in the equity markets. In his latest memo, he underscores how private debt offers higher returns than the S&P 500 index amid elevated valuations. What Happened: In his latest memo ‘Gimme Credit,’ dated March 6, Marks explains how credit investments, especially private credit,...
Nutrien Down 1% in U.S. Pre-market After Pricing Offering of US$1.0 Billion in Senior Notes
Nutrien Down 1% in U.S. Pre-market After Pricing Offering of US$1.0 Billion in Senior Notes
Mar 12, 2025
06:07 AM EDT, 03/12/2025 (MT Newswires) -- Nutrien ( NTR ) was at last look down 1% in U.S. pre-market trading Wednesday after it priced US$400 million aggregate principal amount of 4.5% senior notes due March 12, 2027 and US$600 million aggregate principal amount of 5.25% senior notes due March 12, 2032. The offering is expected to close on or...
Copyright 2023-2025 - www.financetom.com All Rights Reserved