On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 3.0%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) fell 0.5%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 1.4% lower. U.S. markets and stock exchange traded funds retreated Thursday as inflation fears triggered a spike in Treasury yields and renewed the selloff in growth names. Yields on benchmark 10-year Treasury notes crossed 1.75% to a 14-month high after the Federal Reserve projected the economy's strongest growth in almost four decades and reaffirmed its pledge to maintain its accommodative policies, Reuters reports.