NASDAQ Composite
Definition
The NASDAQ Composite is a stock market index that tracks the performance of over 3,000 common stocks and similar securities listed on the NASDAQ stock exchange, weighted by market capitalization.
It serves as a broad benchmark for the U.S. technology sector and overall market health, including companies from various industries beyond just tech.
Examples
The NASDAQ Composite skyrocketed after the latest AI hype, turning coffee shop baristas into accidental millionaires overnight.
My crystal ball says the NASDAQ Composite will dip tomorrow – or was that just my stockbroker's bad breath?
Watching the NASDAQ Composite fluctuate is like dating a rollercoaster: thrilling highs, gut-wrenching lows, and zero commitment.
Grandpa sold his vintage comic collection to buy into the NASDAQ Composite, now he's richer but misses Spider-Man dearly.