Market Is Up
What It Is:
The phrase the "market is up" means a broad market index like the S&P 500 or Dow Jones Industrial Average (DJIA) has increased.
How It Works/Example:
If a market index experiences gains following its close the previous business day, people may indicate this by stating, "The market is up." For example, if the S&P 500 Index currently resides at 1,500, but it previously closed at 1,480, then the market is up.
Why It Matters:
It is important not to confuse "market is up" with "market is off," which suggests losses in a market index.
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Cached on May 19, 2013, 1:49 am