QQQ, SPY, DIA Up 2% on Fed Rate Cut Hopes
June 04, 2019 at 18:10 PM EDT
U.S. markets and stock exchange traded funds rebounded Tuesday after Federal Reserve Chair Jerome Powell said the central bank would respond “as appropriate” to trade war risks, fueling speculation that interest rate cuts were back on the table. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ)...