Bloomberg Tracks Nasdaq Composite at 24,404
Source: bloomberg.com
TL;DR
- Nasdaq Composite Page: Bloomberg page tracks the NASDAQ Composite Index (CCMP:IND), a market-cap weighted benchmark of over 3,000 Nasdaq-listed stocks.[[1]](https://www.bloomberg.com/quote/CCMP:IND)
- Recent Close: Index closed at 24,404.39 on April 20, 2026, down 64.09 points (-0.26%).[[2]](https://www.marketwatch.com/investing/index/comp)[[3]](https://www.nasdaq.com/market-activity)
- Tech-Heavy Benchmark: Serves as key gauge for Nasdaq-listed companies, especially technology sector performance and growth stocks.[[4]](https://www.nasdaq.com/solutions/global-indexes/nasdaq-composite)
The story at a glance
The Bloomberg page at https://www.bloomberg.com/quote/CCMP:IND displays real-time data, charts, and profile for the NASDAQ Composite Index, Bloomberg's symbol CCMP:IND for the broad Nasdaq market benchmark. It includes all common stocks listed on Nasdaq, totaling over 3,000 companies, with heavy weighting toward technology firms like Nvidia and Apple. This is reported continuously as live market data. The index reflects U.S. equity market trends, particularly in tech and growth sectors.[[5]](https://indexes.nasdaqomx.com/docs/methodology_comp.pdf)
Key points
- Tracks NASDAQ Composite Index (COMP or ^IXIC), Bloomberg ticker CCMP:IND, covering all domestic and international common stocks on Nasdaq Stock Market.[[1]](https://www.bloomberg.com/quote/CCMP:IND)
- Market capitalization-weighted, so largest firms like Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT) dominate influence.[[6]](https://indexes.nasdaqomx.com/docs/FS_COMP.pdf)
- Latest close: 24,404.39 (April 20, 2026), down 0.26%; 52-week range roughly 15,685 to 24,520.[[2]](https://www.marketwatch.com/investing/index/comp)
- Includes 11 industry groups but skewed to technology (over 50%), consumer discretionary, healthcare.[[4]](https://www.nasdaq.com/solutions/global-indexes/nasdaq-composite)
- Daily rebalanced based on prior close prices and shares outstanding; no minimum liquidity threshold but focuses on Nasdaq listings.[[5]](https://indexes.nasdaqomx.com/docs/methodology_comp.pdf)
- Used as benchmark for tech-heavy portfolios, ETFs like QQQ (Nasdaq-100 subset), and overall Nasdaq performance.[[7]](https://www.winston.com/en/legal-glossary/what-is-the-nasdaq-composite-index)
Details and context
The NASDAQ Composite, launched in 1971, measures performance of stocks on the Nasdaq exchange, emphasizing technology but spanning sectors like telecommunications, consumer goods, and industrials. Unlike the price-weighted Dow or selective S&P 500, its market-cap weighting amplifies impact from mega-caps—top 10 holdings like NVDA, AAPL, MSFT account for around 45-50% of the index.[[6]](https://indexes.nasdaqomx.com/docs/FS_COMP.pdf)
Bloomberg provides charts, historical data, and constituents on the CCMP:IND page, though direct access often requires login. The index rebalances daily using closing prices and free-float shares, ensuring representation of Nasdaq's full listed universe without special caps (unlike Nasdaq-100).[[5]](https://indexes.nasdaqomx.com/docs/methodology_comp.pdf)
Over the past year, it has risen over 50%, driven by AI and tech rallies, hitting recent highs near 24,520 before pulling back.[[2]](https://www.marketwatch.com/investing/index/comp)
Key quotes
Omitted; no direct sourced quotes from the page or descriptions.
Why it matters
The Nasdaq Composite signals health of innovative U.S. equities, especially tech-driven growth amid AI, semiconductors, and cloud computing booms. Investors use it to track portfolios, ETFs, or sector bets—e.g., heavy exposure means outperformance in bull markets but volatility in corrections. Watch upcoming earnings from top weights like Nvidia or Microsoft, plus Federal Reserve rate decisions, which could sway tech valuations.
What changed
Omitted; no specific before/after event described.
FAQ
Q: What stocks does the NASDAQ Composite Index include?
A: All domestic and international common-type stocks listed on the Nasdaq Stock Market, over 3,000 securities across 11 sectors. It excludes preferred shares, warrants, and non-common types. Weighting is by free-float market capitalization.[[5]](https://indexes.nasdaqomx.com/docs/methodology_comp.pdf)
Q: How is the index weighted and rebalanced?
A: Market capitalization-weighted, with daily rebalances using prior close prices and shares outstanding. Larger companies like Nvidia have outsized influence due to size.[[5]](https://indexes.nasdaqomx.com/docs/methodology_comp.pdf)
Q: What was the latest closing value for CCMP:IND?
A: Closed at 24,404.39 on April 20, 2026, down 64.09 points or 0.26% from prior close. Day's range was 24,222 to 24,436.[[2]](https://www.marketwatch.com/investing/index/comp)
Q: Why is the Nasdaq Composite tech-heavy?
A: Nasdaq exchange lists many technology firms; top holdings like NVDA, AAPL, MSFT represent over 40% weight, reflecting sector dominance on the exchange.[[6]](https://indexes.nasdaqomx.com/docs/FS_COMP.pdf)