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Shares of Intuitive Surgical Inc., Abiomed Inc. and other medical-device makers rallied Tuesday after $Johnson & Johnson (JNJ.US)$ reported stronger-than-expected sales from that division of the company.
The $Spdr S&P Health Care Equipment (XHE.US)$ rose 3.5%, marking its biggest gain since April 2020 and offsetting some of the underperformance this year that followed the slowdown of the pandemic. The $Ishares Trust U.S. Medical Devices Etf (IHI.US)$...