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September 01, 2020 1:32pm
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U.S. Stock ETFs Rally on Hopes of a Less Aggressive Fed

U.S. equities and stock exchange traded funds surged Friday on signs that the recent slowdown in economic growth and dip in commodity prices could help tone down an overly aggressive Federal Reserve interest rate hike outlook. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 2.6%, the SPDR...
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