Nasdaq Composite Index

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NASDAQ Composite Index

An index of all common stock that trade on NASDAQ. Approximately 4000 stocks are included in the NASDAQ Composite Index. This index was established in 1971.
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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.
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.

Nasdaq Composite Index.

The Nasdaq Composite Index tracks the prices of all the securities traded on the Nasdaq Stock Market.

That makes it a broader measure of market activity than the Dow Jones Industrial Average (DJIA) or Standard & Poor's 500 Index (S&P 500).

On the other hand, many computer, biotechnology, and telecommunications companies are listed on the Nasdaq. So the movement of the Index is heavily influenced by what's happening in those sectors.

The Index is market capitalization weighted, which means that companies whose market values are higher exert greater influence on the Index. Market capitalization, or value, is computed by multiplying the total number of existing shares by the most recent sales price.

So, for example, if a stock with 1 million shares increases $3 in value, it has a greater impact on the changing value of the Index than a stock that also increases $3 but has only 500,000 shares.

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References in periodicals archive ?
The SandP 500 posted 45 new 52-week highs and five new lows; the Nasdaq Composite recorded 75 new highs and 84 new lows.
The S&P 500 posted 36 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 100 new highs and 65 new lows.
The Dow Jones Industrial Average rose 81.25 points, or 0.31 per cent, to 26,543.33, the S&P 500 gained 13.71 points, or 0.47 per cent, to 2,939.88 and the Nasdaq Composite added 27.72 points, or 0.34 per cent, to 8,146.40.
While the gains appear to be encouraging for Trump, he lags far behind when compared to former President Barack Obama. When Obama took office amid a financial crisis, the Dow was at 7,949, the S&P 500 was at 805.22 and the Nasdaq Composite was at 1,440.86. 
Fidelity Investments on Friday revealed on Friday that the Fidelity Nasdaq Composite Index Tracking Stock Fund (NASDAQ:ONEQ) released a dividend of USD0.65 per share for the quarter.
Fidelity Investments said the Fidelity Nasdaq Composite Index Tracking Stock Fund (NASDAQ: ONEQ) will pay a quarterly dividend of USD 0.35 per share from net investment income.
The Nasdaq composite is not dependent on the technology sector like it was in 2000.
The tech-heavy Nasdaq Composite Index shed 14.65 points, or 0.39 percent, to 3,774.73.
The Nasdaq composite rose 38 points, or 1.1 percent, to 3,638.
The Nasdaq composite index rose 81, or 3.2%, to 2,604.
The Nasdaq Composite Index did not fare any better shedding 3.5% before the New York lunch break.
after its own strong earnings helped limit the losses of the technology-heavy Nasdaq composite index.