01:02 PM EDT, 07/27/2026 (MT Newswires) -- Healthcare stocks were higher Monday afternoon, with the NYSE Healthcare Index rising 0.7% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.9%.

The iShares Biotechnology ETF (IBB) advanced 0.7%.

In corporate news, Forte Biosciences ( FBRX ) shares soared 39% after it agreed to be acquired by Argenx (ARGX) in a deal worth about $2.2 billion. Argenx shares were down 2%.