U.S. Stock ETFs Recover from a Tumble Following the Fed Announcement

U.S. equity markets and stock ETFs faltered but tried to regain their step after the Federal Reserve cut interest rates and provided an uncertain outlook for the rest of the year. On Wednesday, the Invesco QQQ Trust (QQQ) was down 0.1%, SPDR Dow Jones Industrial Average ETF (DIA) rose 0.1% and  SPDR S&P 500 ETF (SPY) was flat. The equity markets slipped late Wednesday after the Fed’s murky guideline on their next move, citing ongoing “uncertainties” about the outlook and pledging to “act as appropriate” to sustain the expansion, Reuters reports.

source https://finance.yahoo.com/news/u-stock-etfs-recover-tumble-203442944.html?.tsrc=rss

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