01:18 PM EDT, 09/08/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index down 0.5% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.6%.

The iShares Biotechnology ETF (IBB) decreased 0.9%.

In corporate news, DexCom ( DXCM ) is facing organic issues and a competition threat despite "doing everything" to overcome multiple challenges, Oppenheimer said in a note. It downgraded the stock to perform from outperform. DexCom ( DXCM ) shares fell 2.8%.