ETFs in ‘Risk-Off’ Mode After Labor Day Weekend
September 06, 2011 at 08:21 AM EDT
U.S. stock exchange traded funds were primed for steep losses Tuesday as traders returned from the long holiday weekend to find global markets in a “risk-off” mindset. SPDR S&P 500 ETF (NYSEArca: SPY) was down 2.4% in premarket trading. Dow futures were off more than 200 points before the...