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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/09/01 13:00
By:MT newswire
09:00 AM EDT, 09/01/2026 (MT Newswires) -- Healthcare stocks were mixed premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) 0.9% higher and the iShares Biotechnology ETF (IBB) down 0.5% Novartis (NVS) shares were up more than 6% after the company said phase 3 trials of remibrutinib showed significantly reduced annualized relapse rates compared with teriflunomide in adults with relapsing multiple sclerosis.
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