Nasdaq ETF Falls 5%; Top Stock Apple Tests 200-Day
August 08, 2011 at 14:56 PM EDT
Tech stocks were falling hard with the overall market Monday in the wake of the Standard & Poor’s downgrade as PowerShares QQQ (NasdaqGM: QQQ) dropped 5% on heavy volume. The Nasdaq-100 exchange traded fund is a liquid vehicle for trading a basket of some of the market’s largest technology...
