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September 01, 2020 10:18am
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Healthcare, Biotech ETFs XLV and XBI Slide on FDA’s Uncertain Outlook

Healthcare companies were among the worst performing stocks Wednesday, with biotechnology sector-specific ETFs taking the brunt of the hit, after FDA Commissioner Scott Gottlieb unexpectedly resigned, casting a cloud over policy changes ahead. On Wednesday, the Health Care Select Sector SPDR ETF...
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