Oracle Pulls Down Nasdaq-100 ETF

The Nasdaq-100-tracking PowerShares QQQ (NasdaqGM: QQQ) slipped more than 2% on Wednesday after Oracle (NasdaqGS: ORCL) reported a rare revenue miss. Oracle accounts for 5.9% of the Nasdaq ETF. Shares of the tech giant were down nearly 14% after the company accouned disappointing quarterly...