Monday's ETF Movers: FBT, XOP

In trading on Monday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Cubist Pharmaceuticals (CBST), up about 35.5% and shares of Isis Pharmaceuticals (ISIS), up about 9.1% on the day.