Healthcare stocks slide into long weekend as XLV drops; J&J earnings loom
Healthcare stocks led S&P 500 declines Friday, with XLV down 0.8% to $155.74. UnitedHealth fell 2.3%, Merck 1.9%, and Pfizer 0.9%, while Novo Nordisk surged 9.1% after early Wegovy prescription data. U.S. markets close Monday for Martin Luther King Jr. Day. Johnson & Johnson reports earnings Wednesday, January 21.