01:34 PM EDT, 04/12/2024 (MT Newswires) -- Health care stocks were retreating Friday afternoon, with the NYSE Health Care Index falling 1.4% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.8%.

The iShares Biotechnology ETF (IBB) was sliding 2%.

In corporate news, Zoetis ( ZTS ) tumbled more than 8% after a Wall Street Journal's report on dog owners blaming the drugmaker's arthritis drug Librela for causing side effects to their pets.