01:27 PM EST, 11/12/2025 (MT Newswires) -- Health care stocks rose 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) increased 0.6%.
In corporate news, AbbVie ( ABBV ) is terminating its decade-long partnership with Calico Life Sciences, an Alphabet-backed (GOOG) biotech company dedicated to aging research, STAT+ reported Wednesday, citing internal emails it viewed. AbbVie ( ABBV ) shares were rising 3.4%.