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Health-Care Stocks Hold Steady as Investors Favor Cyclicals

Health-care companies were little changed despite strong earnings, as traders shifted back toward cyclical sectors after strong jobs data. Moderna reported a third-quarter profit and lifted its full-year revenue growth forecast, while Humana shares gained on a higher 2026 earnings projection.

Health-Care Stocks Hold Steady as Investors Favor Cyclicals

Moderna’s results came as demand for its Covid-19 vaccine steadied following a prolonged decline. Humana said it had paid out slightly less of its premium revenue on medical expenses in the latest quarter, alongside raising its earnings projection for 2026.

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