01:27 PM EDT, 08/13/2024 (MT Newswires) -- Health care stocks were higher Tuesday afternoon, with the NYSE Health Care Index rising 1.2% and the Health Care Select Sector SPDR Fund (XLV) up 0.9%.

The iShares Biotechnology ETF (IBB) rose 1%.

In corporate news, Baxter International ( BAX ) shares tumbled 6.1% after it said Tuesday it has sold its kidney care segment to Carlyle (CG) for $3.8 billion.