Wednesday's ETF Movers: XME, ITB
updated Wednesday, January 30, 1:38 PMIn trading on Wednesday, the SPDR S&P Metals & Mining ETF (XME) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Cleveland-Cliffs (CLF), up about 16.8% and shares of Freeport-McMoran (FCX), up about 6.5% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF (ITB), down about 0.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Pultegroup (PHM), lower by about 3.4%, and shares of Installed Building Products (IBP), lower by about 2.7% on the day.
For MarketNewsVideo.com, I'm Sayoko Murase.