QQQ, SPY, DIA Up 2% on Fed Rate Cut Hopes
This article was originally published on ETFTrends.com.
U.S. markets and stock exchange traded funds rebounded Tuesday after Federal Reserve Chair Jerome Powell said the central bank would respond “as appropriate” to trade war risks, fueling speculation that interest rate cuts were back on the table. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 2.8%, SPDR Dow Jones Industrial Average ETF (NYSEArca: [...]