Nasdaq, Technology Sector ETFs Are Underperforming


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Technology stocks and sector-related exchange traded funds lagged the equities market on Thursday as investors rotate out of the growth style and a stronger dollar crimps the sector's outlook. The PowerShares QQQ (NasdaqGM: QQQ), which tracks the tech heavy Nasdaq-100 Index, dropped 1.6% Thursday while the Technology Select Sector SPDR (NYSEArca: XLK) fell 2.0%. Over… Click to read more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.



This article appears in: Investing , ETFs


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