01:40 PM EDT, 07/10/2024 (MT Newswires) -- Health care stocks rose Wednesday afternoon with the NYSE Health Care Index adding 0.7% and the Health Care Select Sector SPDR Fund (XLV) up 0.6%.

The iShares Biotechnology ETF (IBB) rose 1%.

In corporate news, Lantheus ( LNTH ) shares surged 35% after Medicare proposed updated plans related to the reimbursement rate for diagnostic radiopharmaceuticals.