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Sector Update: Healthcare Stocks Rise Premarket Wednesday

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Healthcare stocks were rising premarket Wednesday, with the State Street Health Care Select Sector SPDR ETF (XLV) advancing by 0.9% and the iShares Biotechnology ETF (IBB) up 0.4%.

Eli Lilly (LLY) shares were up more than 4% after the company posted higher Q2 non-GAAP earnings and revenue in addition to raising its 2026 sales guidance.

CVS Health (CVS) reported higher Q2 adjusted earnings and revenue, and lifted its 2026 non-GAAP EPS outlook. Shares of CVS Health were down more than 7% pre-bell.

Cencora (COR) stock was up more than 2% after the company posted higher fiscal Q3 adjusted earnings and revenue in addition to lifting its fiscal 2026 non-GAAP EPS outlook.

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