QQQ, DIA, SPY ETFs Retreat as Recession Fears Drag Down Markets
This article was originally published on ETFTrends.com.
U.S. markets and stock ETFs tumbled Friday after weak manufacturing data out of the U.S. and Europe fueled safe haven bets and triggered a yield-curve inversion, a recession indicator that stoked fears among investors. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.8%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) declined 1.5% and SPDR [...]