Healthcare stocks were lower late Wednesday afternoon, with the NYSE Healthcare Index and the State Street Health Care Select Sector SPDR ETF (XLV) each decreasing about 0.1%.
The iShares Biotechnology ETF (IBB) rose 1.9%.
In corporate news, Cigna (CI) shares fell 2.2% after Deutsche Bank downgraded the company's stock to hold from buy and adjusted its price target to $302 from $303.
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