Nasdaq Slides 0.87% as $350M Volume Ranks 319th in U.S. Equity Trading

On September 5, 2025, , , . The index faced pressure amid mixed market sentiment and sector-specific volatility, though no single catalyst dominated its performance.

Recent highlighted the interplay between macroeconomic expectations and tech sector positioning. Analysts noted that short-term and regulatory developments in digital assets remained key variables for the index's trajectory. However, no major corporate announcements or directly tied to Nasdaq's components were reported in the relevant timeframe.

To build an accurate for this “Top-500-by-volume” strategy, I need a few clarifications: 1. Market universe: Should we rank all U.S. listed stocks (NYSE + NASDAQ + AMEX), or a different universe (e.g., only S&P 500, only China A-shares, etc.)? 2. : Buy at today’s close and sell at tomorrow’s close (close-to-close)? Or buy at tomorrow’s open and sell at tomorrow’s close ()? 3. : Equal-weight each of the 500 names every day? Or weight by something else (e.g., volume, market-cap)? 4. : Assume zero commissions/slippage, or include an estimate (e.g., 5 per side)? 5. (if any): Max holding days is already 1, but do you want / take-profit or other constraints? Once these points are settled I can pull the necessary data and run the from 2022-01-01 through today.