Health-care companies ticked up as traders rotated back into the beaten-down sector.

Shares of Eli Lilly and UnitedHealth Group, among other companies that have recently seen major downdrafts in their shares, rebounded Monday.

U.S.-listed shares of domestic and Canadian cannabis companies jumped after The Wall Street Journal reported that President Trump is considering reclassifying marijuana as a less dangerous drug. Canopy Growth surged by more than 25%, while Tilray rose almost 40%.

Activist investor Engine Capital has built a stake in Avantor and plans to push the life-sciences company to make major changes or sell itself.

Shares of Compass Therapeutics rose after one of the biopharmaceutical company's cancer-drug candidates showed promise in a clinical trial.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

08-11-25 1833ET