U.S. Stock ETFs Slide as Stellar Jobs Report Fuels Rate Hike Fears
August 05, 2022 at 17:27 PM EDT
U.S. markets and stock exchange traded funds retreated after a surprisingly strong July jobs report fueled fears that the Federal Reserve’s aggressive interest rate hike outlook might be extended. On Friday, the Invesco QQQ Trust (QQQ) fell 0.8%, the SPDR Dow Jones Industrial Average ETF (DIA) was up 0.1%, and the SPDR S&P 500 ETF Trust [...] The post U.S. Stock ETFs Slide as Stellar Jobs Report Fuels Rate Hike Fears appeared first on ETF Trends .
