The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index has become of good reference to buyers that want to know how the stock sector is doing without having financial expert services organizations, this given that the site index excludes money businesses.
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Nasdaq was released once the Securities and Trade Fee (SEC) urged NASD to automate the marketplace for securities not mentioned on an Trade. The end result was the main Digital investing procedure. Nasdaq opened for business in 1971.