Health-care sector stocks gave up early gains and turned negative in afternoon trade Monday, driven by solid losses in biotechnology stocks, while the broader stock market continued to climb. The S&P 500 health-care sector is the only one in negative territory, down 0.4%, while the broader market is up 1.5% to 1,980. The selloff in biotechs breaks a three-day winning streak. The iShares Nasdaq Biotechnology ETF was down 1.7%, giving up nearly half of Friday’s big gains. The biotech index is still up 2.2% year to date, after a 34% gain in 2014 and a 65% gain in 2013.
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