Tuesday's ETF Movers: XME, XBI
Metals Channel - Tuesday, July 25, 3:59 PM
In trading on Tuesday, the SPDR S&P Metals & Mining ETF (XME) is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of Freeport McMoran (FCX), up about 14.2% and shares of Allegheny Technologies (ATI), up about 11.2% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 1.2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Achaogen (AKAO), lower by about 9.2%, and shares of Ionis Pharmaceuticals (IONS), lower by about 8.2% on the day.