December 07, 2012 at 14:34 PM EST
Apple’s 9% Weekly Decline Pulls Down Nasdaq-100 ETF
A 9% pullback in Wall Street darling Apple (NasdaqGS: AAPL) this week caused the tech sector to lag the broader market and illustrated the stock’s outsized impact in the highly traded PowerShares QQQ (NasdaqGM: QQQ). The Nasdaq-100 ETF was on track for a 1.5% weekly setback in afternoon trading...
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