03:37 PM EDT, 04/23/2024 (MT Newswires) -- Health care stocks gained late Tuesday afternoon with the NYSE Health Care Index climbing 1.3% and the Health Care Select Sector SPDR Fund (XLV) adding 1.2%.

The iShares Biotechnology ETF (IBB) climbed 1.8%.

In corporate news, Sanofi ( SNY ) asked banks to submit proposals for roles on the potential spinoff or sale of its consumer health care business, Bloomberg reported Tuesday. Sanofi ( SNY ) shares rose 1.5%.