U.S. Stock ETFs Maintain Momentum on Fed Rate Cut Bets

MarketsETF Trends

This article was originally published on ETFTrends.com.

U.S. markets and stock exchange traded funds strengthened Wednesday on rising expectations of a Federal Reserve interest rate cut, following a weak private sector jobs growth. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 0.6%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.7% and SPDR S&P 500 ETF (NYSEArca: SPY) rose 0.7%. [...]

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