U.S. Stock ETFs Step Back as Fed Points to More Tempered Rate Cut Outlook

U.S. markets and stock exchange traded funds retreated Tuesday after comments from the Federal Reserve dampened the previous optimism over a quick interest rate cut any time soon. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.7%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was...