After the bell Tuesday, Apple (NasdaqGS: AAPL) reported almost double the expected earnings results on higher-than-expected iPhone and iPad sales, according to MarketWatch. [QQQ Leads Dow, S&P on Apple Earnings]

PowerShares QQQ Trust (NYSEArca: QQQ) is up 16.1% year-to-date. Apple is the largest stock component of most Nasdaq-100 and technology related ETFs.


For more information on the broader market, visit our S&P 500 category.

Max Chen contributed to this article.

Full disclosure: Tom Lydon’s clients own SPY and AAPL.

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