Nasdaq 100 Index(redirected from NASDAQ 100 Stock Index)
NASDAQ 100 Index
A stock index of the 100 largest companies by market capitalization traded on NASDAQ. The NASDAQ 100 Index includes publicly-traded companies from most sectors in the global economy, the major exception being financial services. Various exchange-traded funds follow the NASDAQ 100 Index. Its symbol on the NASDAQ ticker is QQQ. It is informally called the Cubes.
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Nasdaq 100 Index
A market-capitalization-weighted index of the largest and most active nonfinancial domestic and international issues listed on the Nasdaq Stock Market. The index was launched in 1985 to represent Nasdaq's largest companies across major industry groups. See also QQQ.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.