I saw on the news that the Dow Jones Industrial Average was down 100 points and that the NASDAQ was up 10 points."
What exactly are the Dow Jones Industrial Average and the NASDAQ, and how can one be up and the other be down?© BrainMass Inc. brainmass.com June 3, 2020, 7:03 pm ad1c9bdddf
NASDAQ (originally an acronym for National Association of Securities Dealers Automated Quotations) is an American electronic stock exchange. It was founded in 1971 by the National Association of Securities Dealers (NASD), who divested it in a series of sales in 2000 and 2001. It is owned and operated by The Nasdaq Stock Market, Inc. (NASDAQ: NDAQ) which was listed on its own stock exchange in 2002. NASDAQ is the largest electronic screen-based equity securities market in the United States.
NASDAQ is A networked computer system that provides price quotes on over-the-counter securities not listed on the exchanges. There are two levels of NASDAQ: 1) the Small Cap market; and 2) the National Market System. Each level has specific requirements that a company must meet in order for its ...
What exactly are the Dow Jones Industrial Average and the NASDAQ, and how can one be up and the other be down?