Nasdaq-100 ETF Dusting the Market on Apple’s Record-Breaking Rally

The Nasdaq-100 PowerShares QQQ (NasdaqGM: QQQ) is outperforming the broader market in August as the ETF benefits from the latest breakout in Apple (NasdaqGS: AAPL) shares. For the month ended Aug. 17, QQQ was up 7.5% compared with a 4.3% gain for iShares S&P 500 (NYSEArca: IVV). Apple is the...