Health-care companies fell as traders rotated into cyclical sectors, betting on an extension to the U.S.-Iran cease-fire.

Abbott Laboratories shares fell after the maker of baby-food, adult nutrition and other medical products cut its full-year earnings outlook to account for a recent acquisition and said a weaker-than-expected flu season hurt its recent quarter.

Eli Lilly's late-stage clinical trial of a type 2 diabetes treatments showed promise.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

04-16-26 1708ET