Nasdaq ETF Lags Rally on Red Apple
October 21, 2011 at 16:45 PM EDT
Nasdaq-100 exchange traded funds trailed Friday’s big stock rally as tech giant Apple (NasdaqGS: AAPL) didn’t join the risk-on party. Apple is the largest component of PowerShares QQQ (NasdaqGM: QQQ). Apple shares closed fractionally lower Friday after dropping below $400. Analysts...
