In trading on Monday, the First Trust NYSE Arca Biotechnology Index Fund ETF (NYSE:FBT) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Intermune (ITMN), up about 5.8% and shares of Pharmacyclics (PCYC), up about 4.8% on the day.
And underperforming other ETFs today is the SPDR S&P Metals and Mining ETF (NYSE:XME), down about 1.1% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of AK Steel Holding (AKS), lower by about 3.5%, and shares of Steel Dynamics (NASDAQ:STLD), lower by about 3.3% on the day.
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