Nasdaq, Technology Sector ETFs Are Underperforming
December 01, 2016 at 14:05 PM EST
Technology stocks and sector-related exchange traded funds lagged the equities market on Thursday as investors rotate out of the growth style and a stronger dollar crimps the sector’s outlook. The PowerShares QQQ (NasdaqGM: QQQ), which tracks the tech heavy Nasdaq-100 Index, dropped 1.6%...