Health-care companies fell as traders hedged their bets on the outlook for growth in the sector.
The U.S. Food and Drug Administration is investigating certain CAR T cancer immunotherapies based on reports that they might cause a type of white blood cell to become cancerous in patients who received the treatment. Shares of Cabaletta Bio fell following the report.
Treatments made by Novartis, Johnson & Johnson and Gilead Sciences, among others, could also be affected.
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(END) Dow Jones Newswires