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The tech-laden Nasdaq ended the trading day up 17.32 points, or 0.09%, at 19,286.78, just off its new record high of 19,318.56 reached during the day. For the week, the Nasdaq is up 5.7%.
Stock market news live updates: Stocks deliver best weekly performance since November 2020 as S&P 500 jumps 6% from last week Emily McCormick March 18, 2022 at 1:03 PM
The technology-heavy Nasdaq Composite was up roughly 0.7%, closing upward for sixth consecutive day, the longest streak since 2021. The Nasdaq and S&P 500 notched their biggest weekly gains in ...
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Index funds that attempt to track the Nasdaq Composite include Fidelity Investments' FNCMX mutual fund [4] and ONEQ [5] [6] exchange-traded fund. Invesco offers the Nasdaq: QQQ exchange-traded fund, which matches the performance of the Nasdaq-100, a different index which tracks 100 of the largest non-financial companies in the Nasdaq Composite and is 90% correlated with the Nasdaq Composite.
Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.