In trading on Wednesday, the Materials Select Sector SPDR Fund ETF (NYSE:XLB) is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of DuPont (DD), up about 10.2% and shares of Dow Chemical (DOW), up about 9.4% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (NYSE:XBI), down about 2.9% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Mannkind (NASDAQ:MNKD), lower by about 9%, and shares of Kite Pharma (KITE), lower by about 8% on the day.
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