Stock ETFs Rally on Europe Hopes, Retail Sales
November 28, 2011 at 07:44 AM EST
Equity exchange traded funds were poised to open sharply higher Monday on solid Black Friday sales and reports Eurozone leaders are working on a closer fiscal pact. SPDR S&P 500 ETF (NYSEArca: SPY) was up more than 2% in Monday’s premarket following a seven-day losing streak. Stock ETFs...