Healthcare stocks were lower Tuesday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each down about 0.1%.
The iShares Biotechnology ETF (IBB) rose 1.1%.
In corporate news, Novo Nordisk (NVO) failed to convince a US judge to block Eli Lilly (LLY) from running weight-loss and diabetes drug ads it called false and misleading, multiple news outlets reported Tuesday, citing court proceedings. Novo shares were down 1%, and Lilly rose 0.2%.
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