03:33 PM EDT, 06/24/2025 (MT Newswires) -- Health care stocks rose late Tuesday afternoon with the NYSE Health Care Index adding 1.1% and the Health Care Select Sector SPDR Fund (XLV) gaining 1.3%.
The iShares Biotechnology ETF (IBB) climbed 2.1%.
In sector news, Cigna ( CI ) filed a lawsuit against Bristol Myers Squibb ( BMY ) , accusing the pharmaceutical giant of violating US antitrust laws by preventing generic versions of its blood cancer drug Pomalyst from entering the market. Cigna ( CI ) shares increased 0.1% and Bristol Myers Squibb ( BMY ) was up 0.3%.