U.S. Stock ETFs Rise as Traders Look Toward a Recovery
U.S. markets and stock exchange traded funds gained Friday as investors turned their attention back toward a broad economic recovery that will continue to support equities.
On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.5%, rose 0.6%, and was 0.6% higher. Investors anticipate the economy will expand at its fastest pace since 1984, fueling a broad market rally with the ongoing cyclical sector play that benefits from a re-opening, Reuters reports.
“It is less a move out of t...