U.S. Stock ETFs Retreat as Fed Warns of Coronavirus Risks
March 03, 2020 at 14:45 PM EST
U.S. markets and stock exchange traded funds pared gains Tuesday as the Federal Reserve’s interest rate cut failed to divert fears of broad economic weakness in face of a spreading coronavirus. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) decreased 2.1%, SPDR Dow Jones Industrial Average...