Sector Update: Health Care

Health care stocks rose Monday afternoon with the NYSE Health Care Index climbing 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.2%.

The iShares Biotechnology ETF (IBB) shed 0.2%.

In corporate news, BioNTech BNTX swung to a Q1 loss as revenue tumbled more than expected on lower commercial sales of its COVID-19 vaccine. The stock eased 0.2%.