Tuesday's ETF Movers: XLU, XBI
updated Tuesday, March 23, 12:03 PM
In trading on Tuesday, the The Utilities Select Sector SPDR— Fund ETF is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Nextera Energy, up about 2.2% and shares of CMS Energy, up about 2.2% on the day.
And underperforming other ETFs today is the SPDR— S&P— Biotech ETF, down about 4.2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Frequency Therapeutics, lower by about 75.6%, and shares of Ionis Pharmaceuticals, lower by about 18.7% on the day.
For MarketNewsVideo.com, I'm Sayoko Murase.