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QQQ's Get a Big Lift on Apple Results, Split -- Market Talk

DOW JONES & COMPANY, INC. 4:43 PM ET 04/23/14

Symbol Last Price Change
AAPL 524.75 -6.949 (-1.31%)
QUOTES AS OF 04:00:00 PM ET 04/23/2014

16:43 EDT - Apple's(AAPL) stock may still be halted, but the PowerShares QQQ ETF (QQQ) are getting a big lift in after-hours trading following Apple's(AAPL) better-than-expected fiscal 2Q results and announcement of a stock 7-for-1 stock split. The Nasdaq 100 tracking stock is now up 1.1% at $87.69, versus being nearly flat at $86.78 just prior to AAPL's results. AAPL is the QQQ's biggest holding by far, with a 11.83% weighting as of April 22. ([e-mail])


(END) Dow Jones Newswires
04-23-141643ET
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