Benzinga's Top ETF Decliners (QLD, TNA, USD, UYM)

The NASDAQ-100 Index dropped 2.63% today as technology stocks like QUALCOMM (NASDAQ: QCOM) and Apple (NASDAQ: AAPL) traded in the negative territory. Apple (AAPL) lost 4.13% and QUALCOMM (QCOM) sank 14.24%, while ProShares Ultra QQQ (ETF) (NYSE: QLD), an ETF that corresponds to twice the performance of the NASDAQ-100 Index, dropped 4.96%. Direxion Daily Small Cap Bull 3X Shares (ETF) (NYSE: TNA) closed 4.95% down as Human Genome Sciences (NASDAQ: HGSI) declined 2.66%. ProShares Ultra Semiconductors (ETF) (NYSE: USD) fell 4.63%, while semiconductor stocks like Intel (NASDAQ: INTC) and Applied Materials, Inc. (NASDAQ: AMAT) dropped 1.58% and 3.30%, respectively. ProShares Ultra Basic Materials (ETF) (NYSE: UYM) lost 3.70% on the weakness of The Dow Chemical Company (NYSE: DOW), which fell 3.05%. Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) also struggled today and lost 3.41%.