Nasdaq Composite

Nasdaq Composite (IXIC) is a major stock market index in the United States, maintained by Nasdaq, Inc.. It is a capitalization-weighted index that tracks nearly all equity securities listed on the Nasdaq exchange, comprising over 3,000 companies.. The index is heavily weighted towards companies in the information technology sector, and it also includes companies from consumer discretionary and healthcare, among other industries.. The Nasdaq Composite serves as a primary benchmark for US equity performance, particularly in the technology sector, offering a representative measure of market trends.. It includes eligible securities such as common stocks, American depositary receipts (ADRs), real estate investment trusts (REITs), limited partnership interests, and tracking stocks.. The index excludes closed-end funds, convertible bonds, exchange-traded funds (ETFs), preferred stocks, rights, warrants, units, and other derivatives.. The Nasdaq Composite is one of the three most-followed stock market indices in the United States, alongside the Dow Jones Industrial Average and the S&P 500.. Its value is calculated by giving more weight to companies with higher market capitalizations.. Sources: [1] https://kalkinemedia.com/us/nasdaq-composite-ixic [2] https://en.wikipedia.org/wiki/Nasdaq_Composite [3] https://www.winston.com/en/legal-glossary/what-is-the-nasdaq-composite-index [4] https://www.thestreet.com/dictionary/nasdaq-composite [5] https://www.fidelity.com/learning-center/smart-money/what-is-nasdaq