Premarket: S&P 500 ETF Nears High As Markets Watch Oil, ECB | ETF Trends

U.S. stock futures were little changed Thursday as the market’s largest exchange traded fund (ETF) tracking the S&P 500 Index eyed a recovery high.

Investors were focused on an expected rate hike from the European Central Bank. [Euro ETFs Hit High Before ECB Rate Decision.]

Stock markets in Europe and Japan were higher Thursday, shaking off news that Portugal requested a bailout as its borrowing costs soar.

In commodities markets, gold and oil ETFs were flat before the opening bell. [Oil, Metals And Corn Lead Commodity ETF Rally.]

The SPDR S&P 500 ETF (NYSEArca: SPY) closed Wednesday at $133.66 a share. Its 52-week high is $134.69.

SPDR S&P 500 ETF


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