Nasdaq-100 ETF Hits 11-Year High on Apple Blowout Earnings

PowerShares QQQ (NasdaqGM: QQQ) rallied to its highest level in over a decade Wednesday following a monster quarter from Apple (NasdaqGS: AAPL) that pushed the tech darling’s shares higher by 8%. Apple is the largest holding in the $30 billion exchange traded fund at 14.6% of the portfolio. The...