U.S. Stock ETFs Bounce after Powell Confirms Accommodative Fed Stance
February 24, 2021 at 16:46 PM EST
U.S. markets and stock exchange traded funds climbed Wednesday after Federal Reserve Chairman Jerome Powell reaffirmed his stance on keeping interest rates near zero and maintaining the central bank’s supportive bond purchasing programs. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was up...