03:37 PM EDT, 04/02/2025 (MT Newswires) -- Health care stocks advanced late Wednesday afternoon with the NYSE Health Care Index up 0.3% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%.

The iShares Biotechnology ETF (IBB) climbed 1.7%.

In corporate news, Denali Therapeutics ( DNLI ) shares jumped past 16% after it said Wednesday it has submitted a biologics license application to the US Food and Drug Administration for accelerated approval of its Hunter syndrome investigational therapeutic, tividenofusp alfa.