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Apple Earnings Not Strong Enough

By Market News Video Staff, Monday, October 18, 5:01 PM ET

Despite strong earnings from Apple (NASDAQ:AAPL), International Business Machines (NYSE:IBM) and VMWare (NYSE:VMW) this evening, the PowerShares QQQ Trust (QQQQ) is trading lower by more than 1% at the moment. Traders pushed technology stocks higher over the past few weeks in anticipation of higher numbers this earnings season. With Apple accounting for nearly 21% of the QQQ Trust, investors should expect a rough day in the markets on Tuesday.

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This Article's Word Cloud:   AAPL   Apple   Business   Despite   International   Machines   NASDAQ   NYSE   PowerShares   QQQQ   Traders   Trust   Tuesday   VMWare   With   accounting   anticipation   earnings   evening   expect   from   higher   investors   lower   markets   moment   more   nearly   numbers   over   past   pushed   rough   season   should   stocks   strong   technology   than   this   trading   weeks
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