Stock ETFs Try to Break Free of Trading Range
October 10, 2011 at 14:33 PM EDT
U.S. stock exchange traded funds have been trapped inside a relatively narrow range since the big summer drop. However, a rally and a break above the 50-day moving average for the S&P 500 on Monday lifted hopes that equity ETFs will escape the range to the upside. “The S&P 500 continues to...