01:17 PM EDT, 05/27/2025 (MT Newswires) -- Health care stocks gained Tuesday afternoon, with the NYSE Health Care Index rising 1.5% and the Health Care Select Sector SPDR Fund (XLV) adding 1.4%.

The iShares Biotechnology ETF (IBB) climbed 1.6%.

In corporate news, Hologic ( HOLX ) shares jumped over 15% after the Financial Times reported that Blackstone (BX) and TPG (TPG) have offered to buy the medical technology company for over $16 billion and take it private.