A fraction multiplied by $-1$ can be written in different ways:
$\frac{-a}{b}$
$\frac{a}{-b}$
$-\frac{a}{b}$
So $x^\frac{-1}{2}$ can also be written as $x^\frac{1}{-2}$ then why can't we take the whole $-2$ down and turn it into $-\sqrt{\bullet}$ and say:
$x^\frac{1}{-2}$ = $-\sqrt{x}$
$x^{-y}$ is $\frac1{x^y}$, not $- x^y$.
Added: $\sqrt[-2]{x}$ is the positive real number $u$ such that $u^{-2}=x$, so it's $u=\frac1{\sqrt x}$.