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 ?
Fidelity NASDAQ Composite Index Tracking Stock is an exchange-traded fund of Fidelity Commonwealth Trust (the trust).
For instance, Treasuries surrendered gains to the Nasdaq composite index as investors shifted money out of bonds and into stocks after the release of the May employment report.
The technology-heavy Nasdaq composite index fell 31.09, or 0.4 percent, to 7,437.54.
M2 EQUITYBITES-June 15, 2018-Fidelity Nasdaq Composite Index Tracking Stock Fund announces distribution of USD0.72 per share for quarter
In contrast, the tech-heavy Nasdaq Composite Index shed 5.79 points, or 0.19 percent, to 3,069.27.
The Nasdaq composite index rose 19.52, or 0.9%, to 2,176.32
government's lawsuit against Microsoft (Nasdaq: MSFT) helped spur a rampant technology sell-off, sending the Nasdaq composite index into bear market territory.
M2 EQUITYBITES-March 16, 2018-Fidelity NASDAQ Composite Index Tracking Stock Fund announces distribution of USD0.44 per share
The technology-heavy Nasdaq composite index increased 12.42, or 0.24 percent, to 5,110.05.
In contrast, the tech-heavy Nasdaq Composite Index rose 11.04 points, or 0.39 percent, to 2,850.12.
The Standard & Poor's 500 index rose 18.60, or 1.8%, to 1,062.98, and the Nasdaq composite index rose 39.82, or 1.9%, to 2,130.74.
Naturally, when the tech-heavy Nasdaq composite index was doing well, the number of investors in hock to their brokers wasn't a problem.