03:27 PM EDT, 03/23/2026 (MT Newswires) -- Health care stocks rose late Monday afternoon with the NYSE Health Care Index up 0.5% and the State Street Health Care Select Sector SPDR ETF (XLV) increasing 0.2%.

The iShares Biotechnology ETF (IBB) rose 0.9%.

In corporate news, Gilead Sciences ( GILD ) is nearing an acquisition of autoimmune-disease-focused biotech Ouro Medicines for up to $2 billion, The Financial Times reported. Gilead shares were fractionally lower.