Daily Stock Market Reports

What Is the Nasdaq Composite? Which Industry Does It Represent?


The Nasdaq is synonymous with technology.

The Nasdaq is synonymous with technology.

What Is the Nasdaq Composite?

When investors want to know how tech stocks, in general, are doing, they turn to the Nasdaq Composite Index. This index tracks the stocks listed on the Nasdaq Stock Exchange and is denoted with the symbol IXIC.

Along with other stock indexes like the S&P 500 and the Dow Jones Industrial Average (aka the Dow), the Nasdaq Composite Index is known as a bellwether index because it represents an entire category of investment, and its performance reflects big-picture economic trends. While the S&P 500 is known for large-cap stocks, and the Dow has some of the oldest and most well-known dividend-paying companies, the Nasdaq is synonymous with technology.





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