Sector Update: Health Care
Health care stocks fell Wednesday afternoon with the NYSE Health Care Index shedding 0.3% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.6%.
The iShares Biotechnology ETF (IBB) gained 0.1%, erasing earlier losses.
In corporate news, Applied DNA Sciences (APDN) shares surged 32% after the company said it was expanding its clinical testing services to include the detection of Mpox Clade I and Clade II.