Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Market Is Off

What it is:

The phrase the "market is off" means a broad market index like the S&P 500 or Dow Jones Industrial Average (DJIA) has dropped.

How it works (Example):

If a market index declines from its closing value on the previous business day, people may state, "The market is off." For example, if the Dow Jones Industrial Average currently resides at 12,000, and it closed at 12,300 the previous day, then the market is off.

Why it Matters:

"Market is off" should not be confused with "market is up," which suggests gains in a market index.