01:15 PM EST, 12/02/2025 (MT Newswires) -- Health care stocks declined Tuesday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each decreasing 0.5%.

The iShares Biotechnology ETF (IBB) was fractionally lower.

In corporate news, CVS Health ( CVS ) agreed to pay $37.8 million to settle allegations that its CVS Pharmacy over-dispensed insulin pens and sought improper reimbursements from federal healthcare programs, the US Attorney's Office said Tuesday. CVS shares were down 1.8%.