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The NASDAQ (National Association of Securities Dealers Automated Quotations) is an American stock exchange and is a leading indicator of the performance of stocks of technology companies and growth stocks. The NASDAQ is the largest electronic screen-based equity securities trading market in the United States. With thousands of companies — consisting of both U.S. and international companies — the NASDAQ has more trading volume per hour than any other stock exchange in the world.
The NASDAQ-100 is a stock market index of 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange. The NASDAQ-100 is a modified market value-weighted index; the companies weight in the index are based on their market capitalization, with certain rules capping the influence of the largest components.
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