03:31 PM EST, 11/04/2024 (MT Newswires) -- Health care stocks fell late Monday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.7%.

The iShares Biotechnology ETF (IBB) rose 0.3%.

In corporate news, Nuwellis ( NUWE ) shares soared 98% after the Centers for Medicare and Medicaid Services almost quintupled the reimbursement rate for the company's Aduadex SmartFlow therapy, effective Jan. 1.