The NASDAQ Composite listed on the NASDAQ stock market. Along with the Dow Jones Average and S&P 500 it is one of the three most-followed indices in US stock markets. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.
After launching in 1971 with 50 companies and a starting value of 100, the NASDAQ Composite peaked at a high of 5132.52 on March 10, 2000 during the first Internet bubble, and subsequently fell to a low of 1108.49 on October 10th 2002 when the bubble burst. On April 23rd 2015, after over 15 years, the index made a new closing high of 5056.06. On June 18, 2015, the index made a new all-time high of 5143.32, finally surpassing the high made during the tech bubble. In the days following the presidential election win of Donald Trump, the COMP made a new high of 5403.86. The NASDAQ 100, whose components are a subset of the NASDAQ Composite's, accounts for over 90% of the NASDAQ Composite's movement, and there are many ETFs tracking its performance.
