03:30 PM EDT, 10/09/2025 (MT Newswires) -- Health care stocks were lower late Thursday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.4%.

The iShares Biotechnology ETF (IBB) eased 0.1%.

In corporate news, BioAffinity Technologies ( BIAF ) shares fell about 2% after it said Thursday it closed a registered direct offering of 720,000 common shares at $2.50 apiece for gross proceeds of $1.8 million.