01:44 PM EDT, 06/18/2024 (MT Newswires) -- Health care stocks were edging up Tuesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising about 0.1%.

The iShares Biotechnology ETF (IBB) was down 0.5%.

In corporate news, Silk Road Medical ( SILK ) shares surged almost 24% after it struck a deal for for Boston Scientific ( BSX ) to acquire the medical device company for $27.50 per share, representing an equity value of about $1.26 billion.