01:35 PM EDT, 05/07/2024 (MT Newswires) -- Health care stocks rose Tuesday afternoon with the NYSE Health Care Index adding 0.8% and the Health Care Select Sector SPDR Fund (XLV) up 0.7%.

The iShares Biotechnology ETF (IBB) was little changed.

In corporate news, Vanda Pharmaceuticals' ( VNDA ) shares jumped 15% after Future Pak increased its unsolicited buyout offer for the drugmaker.