In trading on Monday, the SPDR S&P Biotech ETF (NYSE:XBI) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Keryx Biopharmaceuticals (KERX), up about 10.1% and shares of Idera Pharmaceuticals (NASDAQ:IDRA), up about 8.7% on the day.
And underperforming other ETFs today is the iShares U.S. Oil & Gas Exploration & Production ETF (AMEX:IEO), down about 2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Contango Oil & Gas (AMEX:MCF), lower by about 11.2%, and shares of Bill Barrett (BBG), lower by about 9.3% on the day.
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