In trading on Monday, the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Stone Energy ( SGY ), up about 36.3% and shares of California Resources ( CRC ), up about 13.1% on the day.
And underperforming other ETFs today is the iShares MSCI USA Momentum Factor ETF ( MTUM ), down about 1.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Netflix ( NFLX ), lower by about 5.7%, and shares of Equinix REIT (EQIX), lower by about 4.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
