U.S. Stock ETFs Rally on Hopes of a Less Aggressive Fed
June 24, 2022 at 18:36 PM EDT
U.S. equities and stock exchange traded funds surged Friday on signs that the recent slowdown in economic growth and dip in commodity prices could help tone down an overly aggressive Federal Reserve interest rate hike outlook. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 2.6%, the SPDR...
