Weekly healthcare stock roundup: Markets dip on tech selloff, healthcare sector sees M&A activity
By
Harsh Shukla
Summary
A brief weekly healthcare stock market update noting that Wall Street indexes ended lower on Friday due to tech sector selloff and OpenAI's potential IPO delay. The S&P 500 closed down 0.1% and Nasdaq Composite ended 0.2% lower. The article also references healthcare sector movements including Merck, AbbVie, Bayer, and deals involving Lilly and Novartis.
Source
bskyWeekly healthcare stock roundup: Markets dip on tech selloff, healthcare sector sees M&A activityseekingalpha.comKey quotes
· 2 pulledWall Street's major indexes ended lower on Friday as the technology sector continued its selloff after mounting concerns over elevated AI-related valuations
The benchmark S&P 500 closed down 0.1%, while the Nasdaq Composite ended 0.2% lower
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