The Nasdaq-100 is a stock market index that tracks the performance of the 100 largest non-financial companies listed on the Nasdaq Stock Market. It includes companies from various sectors, with a strong focus on technology, along with consumer discretionary, healthcare, and industrial firms.
Key Features:
- Tech-Heavy: Includes major firms like Apple, Microsoft, Amazon, and NVIDIA.
- Market-Cap Weighted: Larger companies have a greater influence on index movements.
- No Financial Stocks: Excludes banks and other financial institutions.
- Benchmark Index: Used for ETFs, futures, and options trading.
Why It Matters:
The Nasdaq-100 serves as a key indicator of the tech sector’s health and overall market sentiment. It is often more volatile than broader indices like the S&P 500 due to its heavy concentration in growth stocks.
#Nasdaq100 #TechStocks #StockMarketNews #GrowthInvesting
