Sector Update: Healthcare

01:02 PM EDT, 09/08/2026 (MT Newswires) -- Healthcare stocks declined Tuesday afternoon, with the NYSE Healthcare Index falling 2.4% and the State Street Health Care Select Sector SPDR ETF (XLV) dropping 2.2%. The iShares Biotechnology ETF (IBB) shed 1.8%. In corporate news, Novartis (NVS) shares fell past 13% after it said a phase 3 trial assessing delpacibart etedesiran in people with myotonic dystrophy type 1 failed to meet its primary endpoint.