Stock Market News Review: SPY, QQQ Rally on Rate Cut Optimism as More Red Flags Emerge in Jobs Market | NYGazet

Both the SP 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed Monday in positive territory as the odds of a 50 bps rate cut at the upcoming September

Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed Monday in positive territory as the odds of a 50 bps rate cut at the upcoming September 16-17 Federal Open Market Committee (FOMC) meeting continue to gain momentum. After remaining at 0%... [2599 chars]