01:18 PM EDT, 07/28/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index decreasing 0.4% and the Health Care Select Sector SPDR Fund (XLV) down 0.3%.

The iShares Biotechnology ETF (IBB) eased 0.1%.

In corporate news, Revvity ( RVTY ) shares fell past 7% after it posted a drop in Q2 earnings. Revvity ( RVTY ) now expects 2025 adjusted EPS of $4.85 to $4.95 on revenue of $2.84 billion to $2.88 billion. The company previously projected EPS of $4.90 to $5 on revenue of $2.83 billion to $2.87 billion.