Sector Update: Healthcare

MT newswire2026/09/08 17:02

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01:02 PM EDT, 09/08/2026 (MT Newswires) -- Healthcare stocks declined Tuesday afternoon, with the NYSE Healthcare Index falling 2.4% and the State Street Health Care Select Sector SPDR ETF (XLV) dropping 2.2%. The iShares Biotechnology ETF (IBB) shed 1.8%. In corporate news, Novartis (NVS) shares fell past 13% after it said a phase 3 trial assessing delpacibart etedesiran in people with myotonic dystrophy type 1 failed to meet its primary endpoint.

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On Wednesday, GE Vernova’s stock price saw a significant rebound after the company's CEO, Scott Strazik, made a statement at the JPMorgan Laguna Conference. He revealed that the company's order backlog is expected to exceed 200 billions USD by early 2027, ahead of Wall Street's previous expectations.

智通财经•2026/09/17 01:31