U.S. stock exchange traded funds (ETFs) were set to open higher Friday as silver prices topped $40 an ounce and crude futures neared $112 a barrel on continued supply concerns over Libya.

The SPDR S&P 500 ETF (NYSEArca: SPY) was up 0.4% in premarket trade, just under $134 a share.

“The S&P 500 ETF (SPY) is yet to break out to a new high and that event may occur over the next few days,” the ETF Review newsletter from Investors Intelligence said Friday.


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