Fed Rate Cuts? U.S. Stock ETFs Pare Early Losses on Hopes
October 03, 2019 at 14:02 PM EDT
U.S. markets and stock ETFs turned higher, paring early morning losses, as the recent round of disappointing economic data helped fuel bets that the Federal Reserve will more aggressively cut interest rates to support growth. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 1.0%, SPDR Dow...