U.S. Stock ETFs Slide as Markets Refocus on Fed Rate Hikes
August 19, 2022 at 17:10 PM EDT
U.S. stocks and exchange traded funds were lower Friday, snapping a four-week winning streak as renewed concerns over the interest rate hike outlook weighed on risk sentiment. On Friday, the Invesco QQQ Trust (QQQ) declined 2.0%, the SPDR Dow Jones Industrial Average ETF (DIA) was down 0.7%, and the SPDR S&P 500 ETF Trust (SPY) was [...] The post U.S. Stock ETFs Slide as Markets Refocus on Fed Rate Hikes appeared first on ETF Trends .