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Stock market operator NASDAQ has created a new index of stocks devoted to Internet companies and related services, according to a company press release.
The NASDAQ Internet Index will track companies doing business in the online space. These range from e-commerce, to internet access providers, to search engines, to hosting companies. The focus will be on companies "developing the second generation Web."
While it's not been stated which stocks will appear on the Index, NASDAQ calls the new listing a natural fit amongst its current offerings, since the company has a strong association with online companies and other young, sprightly innovators.