Health-care companies slipped as defensive investors rotated into rate-sensitive utilities industry group.
A major hospital bankruptcy and uneven earnings reports have weighed ont he sector during.
R1 RCM agreed to let its two biggest shareholders hold talks on a potential joint buyout of the health-care focused revenue-cycle-management provider.
German hospital chain and medical-equipment maker Fresenius posted first-quarter earnings ahead of Wall Street expectations.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-08-24 1723ET
