Sector Update: Health Care

Last Updated: Wednesday, June 29, 2022 3:46 PM | MT Newswires

Health care stocks added to their Wednesday advance this afternoon, with the NYSE Health Care Index climbing 1% and the SPDR Health Care Select Sector ETF (XLV) rising 0.7%. The Nasdaq Biotechnology index was ahead 0.4% in late trade. In company news, Global Blood Therapeutics (GBT) rose 7.8% after Wednesday saying it has started the phase 2 portion of a trial of its GBT021601 drug candidate to treat sickle cell disease.

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