Sector Update: Healthcare

MT newswire2026/08/27 17:03

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01:03 PM EDT, 08/27/2026 (MT Newswires) -- Healthcare stocks declined Thursday afternoon, with the NYSE Healthcare Index decreasing 0.8% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.7%. The iShares Biotechnology ETF (IBB) was fractionally lower. In corporate news, Moderna (MRNA) shares fell 5.6% after it said Thursday it plans to offer $2 billion worth of convertible senior notes due 2032 in a private placement.

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