News Column

Tuesday's ETF Movers: IYG, XBI

July 15, 2014

MarketNewsVideo.com



In trading on Tuesday, the iShares U.S. Financial Services ETF (IYG) is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of JP Morgan Chase (JPM), up about 3.7% and shares of Cash American International (CSH), up about 1.9% on the day.

And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 3.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Exelixis (EXEL), lower by about 7.6%, and shares of Infinity Pharmaceuticals (INFI), lower by about 6.9% on the day.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201407ETF071514&mv=1.


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Source: MarketNewsVideo.com


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