The green = more probable.
The Nasdaq is a U.S.-based stock exchange primarily known for its focus on technology and growth-oriented companies. It includes the Nasdaq Composite Index, which tracks thousands of stocks, and the Nasdaq-100 Index, which focuses on the 100 largest non-financial companies listed, predominantly in sectors like technology, biotechnology, consumer services, and telecommunications.
1. Tech-Heavy: Major companies like Apple, Microsoft, Amazon, and Tesla dominate, making it a barometer for the tech sector.
2. Economic Indicator: Nasdaq movements often reflect investor sentiment toward growth and innovation. A rise signals confidence, while a decline may indicate economic or tech sector challenges.
3. Correlation: It is closely correlated with tech trends, interest rates, and the performance of global markets.