01:40 PM EST, 01/07/2025 (MT Newswires) -- Health care stocks rose Tuesday afternoon with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both climbing 0.7%.

The iShares Biotechnology ETF (IBB) climbed 1.3%.

In corporate news, Stryker (SYK) agreed to buy medical technology maker Inari Medical ( NARI ) for $4.9 billion in cash. Stryker shares fell 1.3%, and Inari jumped 22%.