03:36 PM EST, 01/29/2025 (MT Newswires) -- Health care stocks fell late Wednesday afternoon, with the NYSE Health Care Index shedding 0.7% and the Health Care Select Sector SPDR Fund (XLV) down 0.4%.

The iShares Biotechnology ETF (IBB) decreased 0.3%.

In corporate news, Henry Schein (HSIC) shares popped 4.6% after The Wall Street Journal reported that KKR (KKR) has acquired a large stake in the company.