03:31 PM EST, 03/06/2024 (MT Newswires) -- Health care stocks rose late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each advancing nearly 0.6%.

The iShares Biotechnology ETF (IBB) rose 0.3%.

In corporate news, Pfizer ( PFE ) won a US appeals court ruling on Wednesday that upheld the dismissal of a lawsuit that alleged the drugmaker's Breakthrough Fellowship Program excluded white and Asian-American applicants. Its shares were rising 3.7%.