03:38 PM EDT, 08/13/2025 (MT Newswires) -- Health care stocks rose late Wednesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 1.5%.

The iShares Biotechnology ETF (IBB) climbed 2.4%.

In corporate news, Generation Bio ( GBIO ) shares surged 59% in recent trading, a day after the company said it plans to cut the majority of its workforce and explore strategic alternatives.