U.S. Stock ETFs Step Back as Fed Points to More Tempered Rate Cut Outlook
June 25, 2019 at 18:00 PM EDT
U.S. markets and stock exchange traded funds retreated Tuesday after comments from the Federal Reserve dampened the previous optimism over a quick interest rate cut any time soon. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.7%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was...