03:30 PM EDT, 09/06/2024 (MT Newswires) -- Health care stocks declined late Friday afternoon with the NYSE Health Care Index easing 0.1% and the Health Care Select Sector SPDR Fund (XLV) down 0.2%.
The iShares Biotechnology ETF (IBB) fell 1.2%.
In corporate news, Organon (OGN) shares dropped 3.5% as JPMorgan downgraded the company's stock to underweight from neutral.