03:38 PM EDT, 03/18/2024 (MT Newswires) -- Health care stocks edged higher late Monday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.1%.

The iShares Biotechnology ETF (IBB) decreased 0.1%.

In corporate news, Bluebird Bio ( BLUE ) shares spiked almost 5% after it said Monday it has entered into a $175 million five-year, term loan facility with Hercules Capital.