In trading on Wednesday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5.5% on the day. Components of that ETF showing particular strength include shares of SM Energy, up about 13% and shares of Tellurian, up about 12.7% on the day.
And underperforming other ETFs today is the Invesco China Technology ETF, down about 2.4% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Joyy, lower by about 11.9%, and shares of Kingsoft Cloud Holdings, lower by about 6.7% 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.