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 31, 2025 11:17 AM

01:56 PM EDT, 03/31/2025 (MT Newswires) -- Health care stocks advanced Monday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.1%.

The iShares Biotechnology ETF (IBB) fell 2.9%.

In sector news, any bankruptcy-related buyer of 23andMe (ME) should honor the company's privacy policies that vow to not disclose customers' genetic information, Federal Trade Commission Chairman Andrew Ferguson said Monday in a letter to the US Trustee.

In corporate news, shares of several vaccine companies were sharply lower on Monday after the top vaccine official at the US Food and Drug Administration resigned late Friday, blaming the current US Secretary of Health and Human Services for seeking "subservient confirmation of his misinformation and lies." Shares of Moderna ( MRNA ) , Novavax ( NVAX ) , BioNTech (BNTX) were down 9.3%, 8.5% and 6.1%, respectively. Pfizer ( PFE ) was off 1.1% while Inovio Pharmaceuticals ( INO ) was down 5.1%.

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 >
Investor Sentiment Improves Further, Dow Jumps Over 300 Points
Investor Sentiment Improves Further, Dow Jumps Over 300 Points
May 10, 2024
The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, but the index remained in the “Fear” zone on Thursday. U.S. stocks settled higher on Thursday, with the Dow Jones index recording gains for the seventh straight session. Roblox Corp ( RBLX ) posted better-than-expected first-quarter financial results, but issued weak guidance. Airbnb, Inc (...
Japan's Nikkei rises on boost from earnings, Wall Street gains
Japan's Nikkei rises on boost from earnings, Wall Street gains
May 9, 2024
TOKYO, May 10 (Reuters) - Japan's Nikkei share average rebounded on Friday, buoyed by positive earnings and Wall Street gains overnight, although profit-taking capped further advances. The Nikkei was up 0.62% at 38,311.63 by the midday break, after rising more than 1% earlier in the session. The broader Topix was up 0.68% at 2731.86. The benchmark index has seen a...
Japan's Nikkei edges higher on earnings, Wall Street gains
Japan's Nikkei edges higher on earnings, Wall Street gains
May 10, 2024
(Updates with closing levels) By Brigid Riley TOKYO, May 10 (Reuters) - Japan's Nikkei share average rebounded on Friday, buoyed by positive earnings and Wall Street gains overnight, although profit-taking capped further advances. The Nikkei closed 0.41% higher at 38,229.11 after rising more than 1% early in trading. The broader Topix finished up 0.54% at 2728.21. The benchmark index has...
Enbridge, Funko And 3 Stocks To Watch Heading Into Friday
Enbridge, Funko And 3 Stocks To Watch Heading Into Friday
May 10, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects DNOW Inc. ( DNOW ) to report quarterly earnings at 23 cents per share on revenue of $569.15 million before the opening bell, according to data from Benzinga Pro. DNOW ( DNOW ) shares...
Copyright 2023-2025 - www.financetom.com All Rights Reserved