Wednesday's ETF Movers: XLU, GDX
updated Wednesday, March 23, 1:26 PMIn trading on Wednesday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 0.6% on the day. Components of that ETF showing particular strength include shares of CMS Energy (CMS), up about 1.6% and shares of Pepco Holdings (POM), up about 1.5% on the day.
And underperforming other ETFs today is the Gold Miners ETF (GDX), off about 4.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Newmont Mining (NEM), lower by about 7.2%, and shares of Yamana Gold (AUY), lower by about 6.6% on the day.
For MarketNewsVideo.com, I'm Sayoko Murase.