Healthcare Stocks Climb Late; Eli Lilly, Charles River Rise
Healthcare stocks advanced late Wednesday afternoon, led by notable gains in Eli Lilly and Charles River Laboratories. The NYSE Healthcare Index and the Health Care Select Sector SPDR Fund (XLV) both rose 1.2%, reflecting broad sector strength.
- Eli Lilly (LLY) gained 4.7% on strong earnings and raised guidance, impacting healthcare sector sentiment. - Charles River Laboratories (CRL) jumped 11% after beating Q2 estimates and increasing its EPS outlook.