Investors Wait on Anticipated Fed Interest Rate Cut

U.S. markets and stock ETFs regained their footing toward the end of Tuesday after oil prices retreated from a record jump in the prior session and as investors waited on a widely anticipated interest rate cut out of the Federal Reserve Wednesday. On Tuesday, the Invesco QQQ Trust (QQQ) increased 0.5%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1% and  SPDR S&P 500 ETF (SPY) was 0.3% higher. The pullback in crude oil prices weighed on sentiment early Tuesday after Saudi Arabia announced output could return more quickly than initially anticipated, the Wall Street Journal reports.

source https://finance.yahoo.com/news/investors-wait-anticipated-fed-interest-212401096.html?.tsrc=rss

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