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.

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.

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.

References in periodicals archive ?
Options on the NASDAQ Composite Index offer investors a unique instrument for trading and hedging.
It was the highest close for the Dow for more than two months and the lowest close for the Nasdaq composite in two months.
As you can see by our BE indicators, the 30-year fixed-rate mortgage has bounced up and down as much as the indices for the long bond, the Dow, the S&P 500 and the Nasdaq composite.
NASDAQ[R], NASDAQ Composite[R], and Nasdaq Composite Index[R] are registered trademarks of The NASDAQ OMX Group, Inc.
Fidelity(R), Fidelity Investments(R), ONEQ(TM), Fidelity(R) Nasdaq Composite Index(R) Tracking Stock(TM) and Fidelity(R) Nasdaq Composite Index(R) Fund(TM) are trademarks of FMR Corp.
BOSTON -- Fidelity Investments([R]) announced today that the Fidelity([R]) Nasdaq Composite Index([R]) Tracking Stock (NASDAQ: ONEQ) will declare a quarterly distribution payable to shareholders of record at the close of business on December 21, 2010.
11 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Friday, December 12, 2003 on the Fidelity(R) Nasdaq Composite Index(R) Tracking Stock(TM) (Option Symbol: ONQ).
The number of stocks declining each day on the New York Stock Exchange has exceeded the advancing issues for most of the past three months, and the average stock in the Nasdaq Composite Index is down 32 percent from its peak of the past year.
7 percent during 2006, lagging the performance of the Dow Jones Industrial Average, and the S&P 500 but outperforming the NASDAQ Composite for the year.
CME) today launched trading in E-mini(TM) NASDAQ Composite Index(R) futures at 8:30 a.
24 points and the Nasdaq composite index rocketed 108.
NASDAQ(R)), the world's largest electronic stock market, today announced an expanded partnership to develop new futures and options contracts, based on the NASDAQ Composite Index(R).