Sector Update: Health Care

Last Updated: Monday, October 3, 2022 3:44 PM | MT Newswires

Health care stocks were mostly higher this afternoon, with the NYSE Health Care Index and the SPDR Health Care Select Sector ETF (XLV) each rising 2.3%. The Nasdaq Biotechnology index also was climbing 1.7% in late trade. In company news, Clene (CLNN) tumbled over 28% after Monday saying its CNM-Au8 lead drug candidate failed to meet its primary endpoint of slowing the rate of neurodegenerative decline in patients with amyotrophic lateral sclerosis.

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