Intel Warning Weighs on Nasdaq-100 ETF
December 12, 2011 at 13:48 PM EST
Intel (NasdaqGS: INTC) cutting its fourth-quarter outlook on Monday further damaged technology sector exchange traded funds that were already drained by Eurozone debt fears. Intel is the fifth-largest holding in PowerShares QQQ (NasdaqGM: QQQ) at 5.2% of the ETF, which tracks the...