03:18 PM EDT, 06/18/2025 (MT Newswires) -- Health care stocks were softer late Wednesday afternoon, with the NYSE Health Care Index down 0.2% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%.

The iShares Biotechnology ETF (IBB) rose 0.4%.

In corporate news, Zoetis ( ZTS ) shares were falling 3.7% after Stifel downgraded the company's stock to hold from buy and cut its price target to $160 from $165.