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Sector Update: Health Care
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Sector Update: Health Care
Feb 25, 2025 10:50 AM

01:32 PM EST, 02/25/2025 (MT Newswires) -- Health care stocks were higher Tuesday afternoon with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%.

The iShares Biotechnology ETF (IBB) shed 0.9%.

In corporate news, UnitedHealth Group ( UNH ) Chief Executive Officer Andrew Witty was asked to share detailed information on the company's Medicare billing practices by Sen. Chuck Grassley, an Iowa Republican, The Wall Street Journal reported. UnitedHealth ( UNH ) shares fell 1.6%.

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