What is the NASDAQ Composite Index?

The NASDAQ Composite Index is a stock market index that tracks the performance of all the common stocks listed on the Nasdaq Stock Market. It includes over 3,000 companies, both domestic and international, across various industries, such as technology, finance, and healthcare. The index is widely regarded as a measure of the overall health and performance of the technology and growth sectors. It is weighted by market capitalization, meaning larger companies have a greater impact on its value. The NASDAQ Composite Index provides investors and analysts with a benchmark to evaluate the performance of the broader stock market, specifically focusing on technology-driven companies.