Nasdaq ETF Down Over 2% in Stock Rout
August 18, 2011 at 08:52 AM EDT
PowerShares QQQ (NasdaqGM: QQQ) fell more than 2% on Thursday as exchange traded funds tracking the major stock indexes followed European markets lower on worries over the debt crisis and weakness in the global economy. The highly traded technology ETF is indexed to the Nasdaq-100. Technical...