U.S. stock exchange traded funds were set to open the week higher as the SPDR S&P 500 ETF (NYSEArca: SPY) added 0.6% in Monday’s premarket.

Gold weakened slightly as futures traded below $1,600 an ounce, while silver was under more pressure. The iShares Silver Trust (NYSEArca: SLV) shed nearly 3% in preopen action.

“Markets begin the week in risk-off mode, as an initial sell-off in Asian equities accelerated on the news that North Korean leader Kim Jong-Il has died,” a trader told FastMarkets.

In stock ETFs, the S&P 500 is trying to climb back above its 50-day moving average. [ETF Weekly Recap]

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

Shameless plugs:

S&P 500

Full disclosure: Tom Lydon’s clients own SPY and SLV.