In trading on Tuesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 7.9% on the day. Components of that ETF showing particular strength include shares of SM Energy, up about 20.1% and shares of Occidental Petroleum, up about 14.3% on the day.
And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF, down about 2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Acadia Pharmaceuticals, lower by about 18.8%, and shares of Alnylam Pharmaceuticals, lower by about 4.3% on the day.
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