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Sector Update: Healthcare

Sector Update: Healthcare

MT newswireMT newswire2026/10/20 17:03
01:03 PM EDT, 10/20/2026 (MT Newswires) -- Healthcare stocks were higher Tuesday afternoon, with the NYSE Healthcare Index rising 2.4% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 2.2%. The iShares Biotechnology ETF (IBB) climbed 2.6%. In corporate news, Qiagen (QGEN) is in advanced talks to be acquired by EQT AB and has received a binding offer of over $50 a share from the Swedish buyout firm, Bloomberg reported. Qiagen shares jumped past 6%.
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