03:47 PM EST, 02/03/2025 (MT Newswires) -- Health care stocks advanced late Monday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%.

The iShares Biotechnology ETF (IBB) shed 0.5%.

In corporate news, Pfizer's ( PFE ) Biohaven agreed to a nearly $60 million nationwide settlement for submitting false claims to Medicaid and other government healthcare programs, California Attorney General Rob Bonta said. Pfizer ( PFE ) shares were down 0.9%.