The Nasdaq Composite Index slumped 200 points, or 9.1%, to 1,984, its first close under 2,000 since September 2004.
I wanna know if ''composite'' is an adjective here, and if the answer is yes, what does it mean?
com·pos·ite (k
m-p
z
t)
adj. 1. Made up of distinct components; compound.
2. Mathematics Having factors; factorable.
3. Botany Of, belonging to, or characteristic of the composite family.
4. Composite Architecture Of, relating to, or being in the Composite order.
Does it go with no. 2?!
Thanks in advance

