Click to get this free report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. This brings me back to my initial reaction at the top of this article: this PCE report will do nothing to quench the Fed’s thirst for hiking interest rates until inflation has clearly been curbed. The cautious stance we’d seen from market participants since reaching year-to-date highs mid-month looks like it’s giving way to further equity accumulation.