Nasdaq-100 ETF Rallies Nearly 2% Before Apple Earnings
July 19, 2011 at 10:57 AM EDT
PowerShares QQQ (NasdaqGM: QQQ) jumped almost 2% on Tuesday as investors awaited quarterly earnings from Wall Street darling Apple (NasdaqGS: AAPL) after the closing bell. The tech sector was leading the market following Monday’s pullback in U.S. stocks. Some options traders have tapped tech ETFs...
