Pfizer to Weigh on Pharma, Healthcare ETFs
May 03, 2011 at 07:54 AM EDT
Healthcare exchange traded funds (ETFs) will face an uphill climb Tuesday following quarterly results from top holding Pfizer (NYSE: PFE), which saw its shares fall over 1% in premarket trading. Pfizer’s adjusted net income topped expectations and the drug maker reiterated its 2011 outlook. Chief...