03:59 PM EDT, 08/06/2024 (MT Newswires) -- Health care stocks rose late Tuesday afternoon with the NYSE Health Care Index adding 1.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.5%.

The iShares Biotechnology ETF (IBB) increased 0.5%.

In corporate news, Kenvue ( KVUE ) shares jumped 14.2% following Q2 beats in adjusted earnings and revenue.

TG Therapeutics ( TGTX ) shares surged 19% after the company reported a surprise Q2 profit.

ANI Pharmaceuticals ( ANIP ) shares jumped 6.2% after the company reported Q2 results that surpassed market expectations and raised its full-year guidance.

AdaptHealth ( AHCO ) shares tumbled 21% after the company posted Q2 earnings that trailed estimates.