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Sector Update: Healthcare Stocks Rise Premarket Monday

Sector Update: Healthcare Stocks Rise Premarket Monday

MT newswireMT newswire2026/11/02 13:17
09:17 AM EST, 11/02/2026 (MT Newswires) -- Healthcare stocks were rising premarket Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) and iShares Biotechnology ETF (IBB) up 0.2%. Idexx Laboratories (IDXX) stock was up more than 7% after the company posted higher Q3 comparable earnings and revenue, and it raised its 2026 outlook. Tempus AI (TEM) shares were up more than 3% after the company reported that it swung to Q3 non-GAAP earnings as revenue increased during the period. Teva Pharmaceuticals (TEVA) will halt its mid-stage TOPAS-MSA trial of emrusolmin in adults with multiple system atrophy following an independent committee's recommendation, the company said. The stock was down more than 3% pre-bell.
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