The Nasdaq Composite is a stock market index that measures the performance of over 3,600 companies, many of which fall into the technology and consumer discretionary sectors. In fact, tech companies alone account for 48% of the index's weight, and because tech is often synonymous with growth, the Nasdaq Composite is essentially a benchmark for growth stocks. Growth stocks often perform very well during periods of economic expansion, but they usually perform very poorly during periods of contraction. Read More...
The Nasdaq Composite is a stock market index that measures the performance of over 3,600 companies, many of which fall into the technology and consumer discretionary sectors. In fact, tech companies alone account for 48% of the index’s weight, and because tech is often synonymous with growth, the Nasdaq Composite is essentially a benchmark for growth stocks. Growth stocks often perform very well during periods of economic expansion, but they usually perform very poorly during periods of contraction.