NAS100 definition
NAS 100
NAS 100 is the shortening of NASDAQ 100, a leading US stock index comprised of 102 of the largest non-financial companies listed on the NASDAQ exchange. The NAS 100 features some of the biggest tech companies in the US, alongside several other notable names.
The NASDAQ 100 is one of three headline indices published by NASDAQ. It also produces the NASDAQ Financial 100, which covers financial firms listed on the exchange, and the NASDAQ composite, which tracks every stock on the NASDAQ.
What moves NASDAQ the most?
The NASDAQ, or NAS 100, is moved by several factors including share price, trader sentiment, and political events.
- Share price: The value of the NAS 100 is a calculation of the share price of each company included in the index. Each company in the NAS 100 is weighted by market capitalization, so the companies with the largest market caps will influence the NAS 100 price the most.
- Trader sentiment: Trader sentiment can be both the cause for a change in a company’s stock price or a reaction to a change in price that further propels price action.
- Political events: Policy changes by governments affecting the business operations of companies included in the NAS 100 can influence a company’s profit and thus the underlying share price.