01:39 PM EST, 12/31/2024 (MT Newswires) -- Health care stocks fell Tuesday afternoon with the NYSE Health Care Index down 0.2% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.1%.

In corporate news, Verastem ( VSTM ) shares jumped 45% after the US Food and Drug Administration accepted and granted priority review to a new drug application for its ovarian cancer drug and set an action date of June 30.