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  an index that covers the price movements of stocks traded on the NASDAQ stock market (tending to track technology companies)

(more formally known as the NASDAQ Composite and not to be confused with the NASDAQ 100)
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The NASDAQ Composite is a stock market index of all of the common stocks and similar securities (e.g. ADRs, tracking stocks, limited partnership interests) listed on the NASDAQ stock market, meaning that it has over 3,000 components. It is highly followed in the U.S. as an indicator of the performance of stocks of technology companies and growth companies. Since both U.S. and non-U.S. companies are listed on the NASDAQ stock market, the index is not an exclusively U.S. index.  (retrieved 9/25/08)
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Associated words [difficulty]:   NASDAQ Index , Dow Jones Industrial Average [9] , S&P 500 Index [9]
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Most commonly used in these subjects:   Personal Finance
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