NASDAQ

The NASDAQ (National Association of Securities Dealers Automated Quotations) is an American stock exchange that was founded in 1971. It is the second largest stock exchange in the world by market capitalization, after the New York Stock Exchange (NYSE). The NASDAQ is known for its high-tech and growth-oriented companies, such as Apple, Amazon, and Facebook. It also lists many biotechnology and pharmaceutical companies.

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The NASDAQ operates using an electronic trading system, which allows for faster and more efficient trading than traditional floor trading. It is also known for its high volatility and fast-paced trading, which can lead to significant gains or losses for investors. The NASDAQ Composite Index, which tracks the performance of all the companies listed on the exchange, is a widely followed indicator of the health of the technology and growth sectors of the US economy.