The NASDAQ-100 was very first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index is of fine reference to investors that want to know how the inventory sector is executing devoid of financial companies providers, this given that the index excludes economic corporations.
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Nasdaq was released once the Securities here and Trade Commission (SEC) urged NASD to automate the market for securities not listed on an Trade. The end result was the initial electronic investing process. Nasdaq opened for small business in 1971.