01:38 PM EDT, 10/09/2024 (MT Newswires) -- Health care stocks were higher Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each rising about 0.8%.

The iShares Biotechnology ETF (IBB) was fractionally lower.

In corporate news, GSK (GSK) shares jumped 8%. The company reached settlements to pay a total of up to $2.2 billion to resolve all US state court Zantac liability cases, Bloomberg reported.