While inflation can be seen as a pricing factor, the way the Dow is calculated is unique (in a bad sense), and it's the worst example and not applicable to Nasd

While inflation can be seen as a pricing factor, the way the Dow is calculated is unique (in a bad sense), and it's the worst example and not applicable to Nasdaq. Here's the methodology behind Nasdaq (very similar to other international indices) https://indexes.nasdaqomx.com/docs/methodology_COMP.pdf https://indexes.nasdaqomx.com/docs/methodology_COMP.pdf