- published: 29 Apr 2013
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The NASDAQ-100 is a stock market index of 100 of the largest non-financial companies listed on the NASDAQ. It is a modified capitalization-weighted index. The companies' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It does not contain financial companies, and includes companies incorporated outside the United States. Both of those factors differentiate it from the Dow Jones Industrial Average, and the exclusion of financial companies distinguishes it from the S&P 500 Index.
The NASDAQ-100 began on January 31, 1985 by the NASDAQ, trying to promote itself in the shadow of the New York Stock Exchange. It did so by creating two separate indices. This particular index, which consists of Industrial, Technology, Retail, Telecommunication, Biotechnology, Health Care, Transportation, Media and Service companies; and the NASDAQ Financial-100, which consists of banking companies, insurance firms, brokerage houses and mortgage companies. By creating these two indices, the NASDAQ hoped that mutual funds, options and futures would correlate and trade in conjunction with them.
Roger Federer (German pronunciation: [ˈfeːdəʁɐ]) (born 8 August 1981) is a Swiss professional tennis player who held the ATP No. 1 position for a record 237 consecutive weeks from 2 February 2004 to 18 August 2008. Federer has occupied the #1 ranking for 285 overall weeks, one week short of the record 286 weeks held by Pete Sampras. As of 28 May 2012, he is ranked World No. 3. Federer has won a men's record 16 Grand Slam singles titles. He is one of seven male players to capture the career Grand Slam and one of three (with Andre Agassi and Rafael Nadal) to do so on three different surfaces (clay, grass, and hard courts). He is the only male player in tennis history to have reached the title match of each Grand Slam tournament at least five times and also the final at each of the nine ATP Masters 1000 Tournaments. Many sports analysts, tennis critics, and former and current players consider Federer to be the greatest tennis player of all time.
Federer has appeared in an unprecedented 23 career Grand Slam tournament finals, including a men's record ten in a row, and appeared in 18 of 19 finals from the 2005 Wimbledon Championships through the 2010 Australian Open, the lone exception being the 2008 Australian Open. He holds the record of reaching the semifinals or better of 23 consecutive Grand Slam tournaments over five and a half years, from the 2004 Wimbledon Championships through the 2010 Australian Open. At the 2012 Australian Open, he reached a record 31st consecutive Grand Slam quarterfinal. During the course of his run at the 2012 French Open in Roland Garros, Federer eclipsed Jimmy Connors long standing record of 233 match wins in Grand Slam tournaments when he defeated Adrian Ungur in a second round match.