NASDAQ (pronounced
naz-dak) stands for National Association of Securities Dealers
Automated Quotations - quite a mouthful!
Although it is not
an index like the Dow Jones Industrial Average or the S&P 500
Index, NASDAQ is used by many investors as a measure of how
tech stocks are performing because it includes many of these
stocks. NASDAQ is actually an exchange, or a system for
pricing and trading stocks. Unlike the New York Stock
Exchange, where stocks may be traded on an actual trading
floor, NASDAQ uses only a computerized system.
Our article "Watching
the Stock Market" provides
more information about both Dow Jones Industrial Average and
the S&P 500 Index. |