Healthcare ETFs Slip After Abbot Lab’s Revenue Miss, Weak Outlook
January 23, 2019 at 14:04 PM EST
Healthcare ETFs weakened Wednesday after Abbot Laboratories (NYSE: ABT) slipped on a revenue miss and revealed an uninspiring forecast for the first quarter of the new year. The Health Care Select Sector SPDR ETF (NYSEArca: XLV) fell 0.3% on Wednesday while the S&P 500 was 0.1% lower. Abbot...