Healthcare ETFs Looked Pale on Reports J&J Knew About Asbestos in Baby Powder

Healthcare sector-related ETFs appeared sickly Friday as Johnson & Johnson (NYSE: JNJ) dragged down the segment in response to reports that the company knew for decades that its baby powder contained asbestos. On Friday, the iShares U.S. Pharmaceuticals ETF (NYSEArca: IHE) declined 3.0% and the...
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