The NASDAQ-100 is an index that is constituted by 100 of the largest companies listed on the NASDAQ stock exchange, which is the second largest in the world only after the New York Stock Exchange by market capitalization. The companies that are listed in this index range from a variety of industries like Technology, Telecommunications, Biotechnology, Media, and Services. The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has been of good reference to investors that want to know how the stock market is performing without financial services companies, this given that the index excludes financial companies.
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It’s a wrap! After lawmakers in the upper chamber cast their vote, the legislation is now headed to President Biden’s desk.
The tech-heavy index is looking to open in the green on the heels of five straight weeks of AI-fueled gains.
Debt ceiling talks are once again in the spotlight as concerns mount over the reaching of a deal before the June 1 deadline.
The S&P 500 and the Dow Jones logged a second straight weekly loss despite data showing the US economy is cooling.
Stocks wavered on Monday, but the tech-heavy index was able to exit its bear market by a mere 20-point gain.
Stocks lost their edge after Jay Powell lifted rates with another 25 bps and vowed to halt hikes for now.
The tech-heavy index doesn’t look too brightened up to start the week of Big Tech’s earnings drop.
Companies from Wall Street’s tech-laden benchmark are lining up to report financial figures this week.
The tech-dense index lost 0.85% after Fed minutes sparked worries over imminent economic jitters.
The tech-heavy index is up more than 20% since its December 28 low as banks wobbled. What’s going on?
Wall Street’s tech-heavy index powered through bank jitters to close out a winning week.
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