U.S. Stock ETFs Gain on Coronavirus Treatment Hopes
August 24, 2020 at 13:53 PM EDT
U.S. markets and stock exchange traded funds rallied, with the S&P 500 and Nasdaq at record highs, after regulators approved the emergency use of blood plasma in coronavirus patients, fueling hopes of a treatment to alleviate the economic uncertainty. On Monday, the Invesco QQQ Trust (NASDAQ:...