Major U.S. equity ETFs such as iShares S&P 500 (NYSEArca: IVV) and SPDR Dow Jones Industrial Average (NYSEArca: DIA) have recently broken above their 200-day moving averages, a key technical level. [S&P 500 ETFs’ Rally Over 200-Day Average Opens Door to Year-End Rally]
Still, stocks were down sharply Tuesday following the previous session’s 276-point Dow decline. [ETFs Start Week in Risk-Off Mood]
SPDR Dow Jones Industrial Average