Everyday Power -What is the Nasdaq Composite?

[What's New]

U.S. stocks resumed their sell-off on Monday as government bond yields continued to trek upward, a signal that many traders are certain the Fed will soon hike rates.

Tech stocks suffered a hit recently over valuation worries because they may face higher borrowing costs due to potential interest rate hikes. The tech-heavy $Nasdaq Composite Index(.IXIC.US)$ had posted its biggest one-week percentage decline since February.

The $Nasdaq Composite Index(.IXIC.US)$ has recovered from the morning decline and closed 0.05% higher on Monday. It seems that the market is take a breath and trying to digest four rate hikes.

Why $Nasdaq Composite Index(.IXIC.US)$ leads recovery? Leaving your loverly comments.


[Everyday Power]

What is Nasdaq Composite?

1. The Nasdaq Composite tracks nearly all of the companie that are listed on the Nasdaq stock exchange.
2. The index comprises nearly 50% of technology stocks.
3. The most five famous stocks as known as FAANG are listed on the Nasdaq stock market which respetively are $Meta Platforms(FB.US)$, $Amazon(AMZN.US)$, $Apple(AAPL.US)$, $Netflix(NFLX.US)$ and $Alphabet-C(GOOG.US)$.

$Nasdaq Composite Index(.IXIC.US)$, $S&P 500 Index(.SPX.US)$, $Dow Jones Industrial Average(.DJI.US)$