The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has become of good reference to buyers that need to know how the stock sector is doing with no monetary products and services firms, this given that the index excludes money organizations.
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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for click here securities not detailed on an exchange. The result was the initial electronic buying and selling program. Nasdaq opened for organization in 1971.