Wednesday's ETF Movers: SMH, XME
updated Wednesday, May 3, 1:12 PMIn trading on Wednesday, the Semiconductor ETF (SMH) is outperforming other ETFs, up about 0.6% on the day. Components of that ETF showing particular strength include shares of Advanced Micro Devices (AMD), up about 3% and shares of Qualcomm (QCOM), up about 1.9% on the day.
And underperforming other ETFs today is the SPDR S&P Metals & Mining ETF (XME), down about 2.8% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Allegheny Technologies (ATI), lower by about 7.5%, and shares of Freeport McMoran (FCX), lower by about 6% on the day.
For MarketNewsVideo.com, I'm Sayoko Murase.