03:34 PM EDT, 07/02/2025 (MT Newswires) -- Health care stocks fell late Wednesday afternoon, with the NYSE Health Care Index down 0.9% and the Health Care Select Sector SPDR Fund (XLV) shedding 1%.

The iShares Biotechnology ETF (IBB) was rising 1.5%.

In corporate news, Oscar Health ( OSCR ) shares dropped past 18% after Barclays started coverage with an underweight rating and a $17 price target.