ETF Espresso: Stocks Open 2012 with a Bang

January 3rd at 7:09am by ETF Trends

Equity exchange traded funds were set to start 2012 with a big rally as Dow futures gained more than 200 points before the opening bell.

SPDR S&P 500 ETF (NYSEArca: SPY) rose 2% in premarket dealings Tuesday after ending 2011 with a slight gain after dividends.

Gold and silver ETFs were also poised to open higher on Tuesday as gold prices climbed back near $1,600 an ounce.

In economic data Tuesday, markets are awaiting the ISM number for December, followed by the release of the minutes of the latest Federal Reserve meeting. As always, investors will be looking for any signs of further quantitative easing from the Fed.

Here’s a look at some of the other top ETF stories making the rounds online this morning:

SPDR S&P 500 ETF


Full disclosure: Tom Lydon’s clients own SPY.

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