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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/10/09 19:27

03:27 PM EDT, 10/09/2026 (MT Newswires) -- Healthcare stocks rose late Friday afternoon, with the NYSE Healthcare Index up 1.2% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 1.6%. The iShares Biotechnology ETF (IBB) climbed 2.8%. In corporate news, Brookdale Senior Living (BKD) shares were falling about 6%. The company's weighted average occupancy rose sequentially but at a slower rate in September, resulting in Q3 occupancy coming in "slightly below" estimates, RBC Capital Markets said in a note emailed Friday.

03:27 PM EDT, 10/09/2026 (MT Newswires) -- Healthcare stocks rose late Friday afternoon, with the NYSE Healthcare Index up 1.2% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 1.6%. The iShares Biotechnology ETF (IBB) climbed 2.8%. In corporate news, Brookdale Senior Living (BKD) shares were falling about 6%. The company's weighted average occupancy rose sequentially but at a slower rate in September, resulting in Q3 occupancy coming in "slightly below" estimates, RBC Capital Markets said in a note emailed Friday.
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