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 ?
Our Partner is an engineering company with over 50 years experience encompassing broad markets and capabilities," said Don Van Dyke, Founder of SRN.