ENG 2100 Lecture Notes - Lecture 3: Dow Jones Industrial Average, Nasdaq, Nasdaq Composite
Document Summary
Large cap companies tend to have more stable revenue streams and less volatile. Dow and nasdaq both refer to an index or an average that is calculated from the performance of certain stocks. Dow tracks stocks from 30 of the biggest companies in their respective industries. Nasdaq tracks about 4000 listed on the nasdaq exchange. Cant buy dow or nasdaq but can buy index funds or etfs that can track either one. Djia (dow jones industrial average) is an important index that many people watch to get an indication of how well the overall stock market is performing. Djia tracks the performance of 30 different companies that are considered major players in their industries. It is composed of mainly companies found on the nyse, with only a couple of. Nasdaq composite tracks approximately 4,000 stocks, all of which are traded on the nasdaq exchange.
