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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/08/28 19:33
03:33 PM EDT, 08/28/2026 (MT Newswires) -- Healthcare stocks were lower late Friday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each shedding 0.4%. The iShares Biotechnology ETF (IBB) dropped 2.7%. In corporate news, 10x Genomics (TXG) said a Delaware federal jury awarded the company more than $4.8 million after finding that three patents held through its Scale Biosciences unit were infringed by Parse Biosciences, a subsidiary of Qiagen (QGEN). 10x Genomics shares were down 5.2%, and Qiagen was shedding 1.3%.
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