Sector Update: Healthcare

MT newswire2026/10/05 17:05

01:05 PM EDT, 10/05/2026 (MT Newswires) -- Healthcare stocks were higher Monday afternoon, with the NYSE Healthcare Index rising 0.4% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.5%. The iShares Biotechnology ETF (IBB) advanced 0.7%. In corporate news, GE HealthCare Technologies (GEHC) said Monday that it agreed to buy Sofie Biosciences from private equity firm Trilantic North America for $945 million. GE HealthCare shares rose 1.5%.

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