QQQ, SPY ETFs Climb on Rate Cut Bets, Potential Turn in Trade War
This article was originally published on ETFTrends.com.
U.S. markets and stock exchange traded funds continued their back-to-back rally Friday after poor jobs growth data fueled bets of an interest rate cut and Washington decided to delay tariffs on Chinese goods. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 2.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 1.1% and SPDR [...]