03:34 PM EDT, 08/01/2025 (MT Newswires) -- Health care stocks rose late Friday afternoon, with the NYSE Health Care Index up 0.6% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%.

The iShares Biotechnology ETF (IBB) was fractionally higher.

In corporate news, Chemed ( CHE ) shares climbed 2% after it said Friday its board has approved $300 million in additional stock repurchases to be funded via a combination of cash and a revolving credit facility.