03:32 PM EDT, 05/28/2025 (MT Newswires) -- Health care stocks declined late Wednesday afternoon, with the NYSE Health Care Index down 0.6% and the Health Care Select Sector SPDR Fund (XLV) easing 0.4%.

The iShares Biotechnology ETF (IBB) shed 0.5%.

In corporate news, Ocular Therapeutix ( OCUL ) shares jumped nearly 14% after the company said it will close enrollment this week in its registration trial evaluating Axpaxli for wet age-related macular degeneration.