NEW YORK, Jan. 3, 2008 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today announced the year-end performance of the NASDAQ Composite Index(r) and the NASDAQ-100 Index(r) -- the benchmarks of The NASDAQ Stock Market(r) and leading indicators of the U.S.-listed equity market. In 2007, the NASDAQ Composite Index and the NASDAQ-100 Index increased 9.81% and 18.67%, respectively.
The NASDAQ-100 Index and NASDAQ Composite Index outperformed the other major U.S. benchmarks including the S&P 500 Index, the Dow Jones Industrial Average, and the Russell 2000 Index.
During 2007, NASDAQ's Indexes paced the market for both broad-based and sector performance. The table below shows the performance in 2007 for some of NASDAQ's key indexes:
Index 2007 %
Index Name Symbol Change*
NASDAQ Clean Edge U.S. Liquid Series Index CELS 66.67%
NASDAQ China Index(1) CHXN 58.61%
NASDAQ Internet Index(1) QNET 21.52%
NASDAQ-100 Index NDX 18.67%
NASDAQ Q-50 Index(1) NXTQ 18.27%
NASDAQ-100 Ex-Technology Index NDXX 11.90%
NASDAQ-100 Equal Weighted Index NDXE 9.86%
NASDAQ Composite Index COMP 9.81%
NASDAQ-100 Technology Index NDXT 7.79%
NASDAQ Biotechnology Index NBI 4.58%
NASDAQ Biotech Equal Weighted Index NBIE 2.35%
NASDAQ Dividend Achievers Index DIVQ -4.30%
NASDAQ NeuroInsights Neurotech Index(1) NERV -8.57%
NASDAQ Financial-100 Index IXF -9.74%
NASDAQ's innovative indexing business is managed by NASDAQ Financial Products (NFP). NFP also provides custom index services and design solutions as a third-party provider and was retained by JPMorgan to research, design, and develop a new family of custom indexes to be offered by JPMorgan. JPMorgan launched all twelve indexes in the first quarter of 2007.
"We are pleased to provide our full-scale, premium index services to JPMorgan, a world-renowned financial services company," stated John Jacobs, executive vice president, NASDAQ Financial Products. "With our highly recognized brand and dominant market position, NASDAQ Financial Products is uniquely positioned to provide a wide array of custom index solutions to financial product issuers, sponsors and investors."
About NASDAQ Financial Products
NASDAQ Financial Products (NFP) is engaged in the design, development, calculation, licensing, and marketing of NASDAQ indexes. NFP specializes in the development of indexes focusing on NASDAQ's brand themes of innovation, technology, growth, and globalization. NFP also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ's indexes, visit www.nasdaq.com/indexes.
About NASDAQ
NASDAQ is the largest U.S. equities exchange. With approximately 3,100 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks as well as a leading liquidity pool for trading NYSE-listed stocks. For more information about NASDAQ, visit www.nasdaq.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ's control. These factors include, but are not limited to, factors detailed in NASDAQ's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
(1) Index performance includes back-tested index values, which are indicative and NASDAQ makes no guarantee of the accuracy of the back-tested data.
* The indexes are calculated on a price return basis, without regard to cash dividends.
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