01:07 PM EDT, 07/22/2026 (MT Newswires) -- Healthcare stocks declined Wednesday afternoon, with the NYSE Healthcare Index down 0.2% and the State Street Health Care Select Sector SPDR ETF (XLV) shedding 0.3%.

The iShares Biotechnology ETF (IBB) fell 1%.

In corporate news, Amgen ( AMGN ) has agreed to pay $74 million to settle a shareholder lawsuit alleging the company waited too long to disclose it may owe the Internal Revenue Service $10.7 billion in back taxes, penalties and interest, news outlets reported Tuesday. Amgen ( AMGN ) shares were up 0.3%.