In midday trading Wednesday, the SPDR KBW Mortgage Finance ETF (AMEX:KME) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Lender Processing Services (NYSE:LPS), up about 1% and shares of Popular (NASDAQ:BPOP), up about 0.7% on the day.
And underperforming other ETFs today is the SPDR S&P Metals and Mining ETF (AMEX:XME), down about 2.1% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Alpha Natural Resources (NYSE:ANR), lower by about 6.3%. ANR's EPS lagged Wall Street Estimates. And shares of Carpenter Technology (NYSE:CRS) were lower by about 4% on the day. The company announced an expansion of its Dynamet titanium wire and bar facility in Clearwater, Florida.
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