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Sector Update: Health Care

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-- Health care stocks declined Monday afternoon, with the NYSE Health Care Index decreasing 0.6% and the State Street Health Care Select Sector SPDR ETF (XLV) down 0.4%.

The iShares Biotechnology ETF (IBB) rose 1.2%.

In corporate news, Amgen (AMGN) said Monday it will invest an additional $300 million in its biologics manufacturing facility in Puerto Rico. Amgen shares were down nearly 2%.

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