01:26 PM EDT, 07/07/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index shedding 0.9% and the Health Care Select Sector SPDR Fund (XLV) down 0.8%.

The iShares Biotechnology ETF (IBB) fell 1.3%.

In corporate news, Molina Healthcare ( MOH ) cut its full-year earnings outlook on Monday amid medical cost pressures across the health insurer's three main business segments. Its shares dropped 2%.