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As the clock struck nine on Nasdaq, it was time for the day& 2024-11-20 11:47

As the clock struck nine on Nasdaq, it was time for the day&

  Every year, thousands of investors gather at Nasdaq to watch the opening bell be struck by a professional drummer, who bangs on the huge drum that hangs from the roof of the building. This tradition has been going on for over 100 years and is considered a symbol of the beginning of business activity.

The first company to trade on Nasdaq after the opening bell rings is often a big name like Apple or Amazon, as these companies are known to have the biggest influence on the stock market. Other early traders might look for smaller, less well-known companies to buy into.

One of the reasons why Nasdaq is so important is because it allows people to invest in stocks from all around the world. With more than 8,000 listed companies on the exchange, investors can choose from a wide range of industries, including technology, healthcare, finance, and consumer goods.

Despite being one of the oldest and most successful stock markets in the world, Nasdaq is still growing and evolving. In recent years, it has made efforts to become more accessible and user-friendly for small businesses and individual investors. For example, in 2018, the exchange introduced new tools to help traders analyze data and make better investment decisions.

Overall, Nasdaq's opening bell is not just a momentous occasion for those who work there. It's also an opportunity for people to see what happens when millions of dollars are traded every minute. As the clock strikes nine, it's time for the day's trading to begin.