03:38 PM EDT, 04/03/2024 (MT Newswires) -- Health care stocks were easing late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both decreasing 0.1%.

The iShares Biotechnology ETF (IBB) shed 0.4%.

In corporate news, Kintara Therapeutics ( KTRA ) shares surged nearly 66% after the company and TuHURA Biosciences said they have struck an all-stock merger deal.