In trading on Thursday, the SPDR S&P Biotech ETF (NYSE:XBI) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Novavax (NASDAQ:NVAX), up about 7.4% and shares of Clovis Oncology (NASDAQ:CLVS), up about 7.2% on the day.
And underperforming other ETFs today is the SPDR S&P Regional Banking ETF (NYSE:KRE), off about 2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Texas Capital Bancshares (NASDAQ:TCBI), lower by about 4.7%, and shares of First Bancorp (NYSE:FBP), lower by about 4.1% on the day.
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