On Tuesday, the iShares US Pharmaceuticals ETF rose approximately 3.1%, significantly outperforming other ETFs. Key performers within this fund included Crinetics Pharmaceuticals, which surged nearly 98.8%, and Trevi Therapeutics, gaining 10.6%.
In contrast, the Invesco Semiconductors ETF fell around 6.5% in afternoon trading. Notable declines were observed in shares of Ultra Clean Holdings and Cohu, both of which dropped about 10.4%.
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