The NASDAQ-100 was 1st calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has become of excellent reference to investors that need to know how the inventory industry is accomplishing without having money solutions firms, this on condition that the index excludes monetary firms.
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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the 1st Digital buying and selling method. Nasdaq opened for company in 1971.