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The NASDAQ stock index shows the current state of the high-tech sector in the US and also reflects the affect that political and economic events have on the sector. Founded in 1979, NASDAQ stood for National Association of Securities Dealers Automated Quotations. Today, most attention is focused on the NASDAQ-100 which is calculated on the basis of the hundred largest US companies which operate in areas of software production, biotechnology, communications, and others.

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