SPY424.31+0.70 0.17%
DIA345.12+0.14 0.04%
IXIC14,069.42+49.09 0.35%

Sector Update: Health Care

05/07/2021 11:48

03:40 PM EDT, 05/07/2021 (MT Newswires) -- Health care stocks were ending mostly higher this afternoon, with the NYSE Health Care Index rising 0.8% while the SPDR Health Care Select Sector ETF also was up 0.8%. The Nasdaq Biotechnology index was climbing 1.0%. In company news, Mednax (MD) climbed almost 20% after Friday it reported non-GAAP Q1 net income of $0.24 per share on $446.8 million in revenue, blowing past the Capital IQ consensus expecting the pediatric health care provider to earn $0.14 per share, excluding one-time items, on $427 million in sales.