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Nasdaq Composite Index

   Also found in: Acronyms 0.37 sec.
Nasdaq Composite Index
An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed issue. The Index was initiated in 1971 with a base of 100. Specialized industry indexes are also published.
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