03:31 PM EDT, 06/05/2025 (MT Newswires) -- Health care stocks were mixed late Thursday afternoon with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.2%.

The iShares Biotechnology ETF (IBB) shed 0.3%.

In corporate news, Silo Pharma ( SILO ) shares jumped 18% after the company's board approved buying up to $1 million in bitcoin as a treasury reserve asset.