03:39 PM EST, 12/02/2024 (MT Newswires) -- Health care stocks were easing late Monday afternoon, with the NYSE Health Care Index down 0.1% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.3%.

The iShares Biotechnology ETF (IBB) rose 0.4%.

In corporate news, Revolution Medicines ( RVMD ) shares tumbled past 10% after the company presented preliminary data for its RMC-6236 and RMC-6291 drug candidates in people with several forms of cancer.