On Tuesday, the Communication Services Select Sector SPDR Fund ETF saw impressive gains, rising approximately 1.6%. A standout performer within this fund was Alphabet, whose shares climbed about 4.9% during the trading session.
In contrast, the iShares MSCI China ETF struggled, dropping around 4.4% in afternoon trading. Notably, some of its components underperformed significantly, with Kanzhun’s shares falling about 8.6% and Legend Biotech’s shares decreasing approximately 8.1% on the same day.
VIDEO: Tuesday’s ETF Movers: XLC, MCHI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
