Know About Nasdaq composite index / US stock market #nasdaq

What is Nasdaq? The Nasdaq is the second-largest stock exchange in the world. Nasdaq, which is an acronym for National Association of Securities Dealers Automatic Quotation System, was established in 1971.   The US-based exchange is also the first-ever electronic stock market in the world. Back in the day, stock exchanges were physical trading floors, where prices were decided in face-to-face negotiations. Nasdaq changed the way stock exchanges functioned. It had no trading floors and let investors buy and sell stocks on a computerised systems. More than 3,700 companies are listed including some of the largest technology firms in the world such as Apple, Microsoft, Google, and Amazon. The exchange was created by the National Association of Securities Dealers and is overlooked by the US Securities and Exchange Commission.   In colloquial language, when people say ‘Nasdaq’, what they refer to is the index