01:41 PM EDT, 03/10/2025 (MT Newswires) -- Health care stocks were lower Monday afternoon, with the NYSE Health Care Index shedding 0.5% and the Health Care Select Sector SPDR Fund (XLV) down 0.1%.

The iShares Biotechnology ETF (IBB) retreated 0.1%.

In corporate news, Novo Nordisk ( NVO ) shares fell nearly 9% after the latest trial results of the Danish pharmaceutical giant's investigative weight loss drug CagriSema trailed its own initial expectations.