In trading on Tuesday, the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Stone Energy ( SGY ), up about 10.9% and shares of Carrizo Oil & Gas ( CRZO ), up about 9.9% on the day.
And underperforming other ETFs today is the iShares Transportation Average ETF ( IYT ), off about 0.9% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of United Continental Holdings ( UAL ), lower by about 3.6%, and shares of Delta Air Lines (DAL), lower by about 3.4% 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.