U.S. Stock ETFs Pull Back as Traders Re-Evaluate Fed Rate Cut Bets
July 08, 2019 at 13:47 PM EDT
U.S. markets and stock exchange traded funds retreated Monday as investors pared down expectations that the Federal Reserve would aggressively cut benchmark interest rates later this month. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) decreased 0.8%, SPDR Dow Jones Industrial Average ETF...