Broad Market

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Broad Market

Usually refers to indices such as the Wilshire 5000 that track the performance of 5,000 securities, rather than the more narrow measures such as the Dow Jones Industrial Average and the S&P 500.

Broad Market

An index that consists of many stocks or stocks in many different industries. Broad market indices are not terribly useful in gauging the performance of individual industries they help give an indication of movements in the broader economy. An example of a broad market is the Wilshire 5000. See also: Narrow market.
References in periodicals archive ?
Still, Realtors view the overall decline as a normal part of the broader market cycle.
According to Richard Smith, vice president and senior loan originator with Fremont's New York office, "The smaller units provide for a broader market appeal within Manhattan.
The technology for faster and cheaper cells could stimulate a broader market for solar power by allowing cost-effective integration into existing solar products, roofing, and wall materials, as well as encouraging new applications for solar panels.
By having the ability to offer the sales, technical resource and services of each company, NetLojix and Xerox Connect will be able to reach a broader market for their services, as well as offer a more robust portfolio of solutions to their client base.
The company sees it as a major step forward in bringing the benefits of SANs to a broader market because EtherStorage leverages the existing Ethernet infrastructure and provides storage levels of performance.
The decision hinged on whether the two superstores compete only with other office supply superstores or with the broader market of office supply vendors.
Broader market averages also recorded hefty gains, partly reversing their recent steep declines.
Together, owner Andis Woodlief and Guippone will serve a broader market.
Combined with WebSurfer's cutting-edge technology and dynamic leadership, we foresee a broader market share and an even greater earnings growth potential.
As a result of the update, the Web site is also easier to update internally and it allows Sollen to reach a much broader market.
Having broken the 7,000-point level last month in record time, with gains of more than 1,700 points, or about 32 percent, since in July, some believe that the Dow and the broader market - which is already in one of the longest bull runs in history - have been long overdue for a correction.
Since 2001, the average duration of a Broader Market contract has decreased 12 percent.