Usually refers to the equity market. "The market went down today" means that the value of the stock market dropped that day.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Government obligations

U.S. government-backed debt instruments, which are considered among the safest investments possible, including Treasury bonds, bills, and notes, and savings bonds.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio