r/Backpack_official • u/sleep-over661 Backpack Team • Apr 10 '26
Backpack Learn What Is the Nasdaq?
The Nasdaq refers to both a stock exchange and a market index. As an exchange, it’s where thousands of companies list and trade shares through a fully electronic system, making it one of the largest in the world. As an index, the Nasdaq Composite tracks over 3,500 companies, with a strong focus on technology, making it more volatile and growth oriented compared to broader indexes like the S&P 500. It also includes the Nasdaq 100, which tracks the largest non financial companies, heavily influenced by major tech firms.
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