broader market

Definition

A term that refers to the movement of the market as a whole, rather than a specific industry or sector. Broad-based indexes and various technical analysis tools evaluate the performance of the broader market.

Use broader market in a sentence

You should try and figure out a way to get involved in the broader market and always be looking for a good score.

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The broader market was expected to make a shift away from the use of material possessions being used in construction thanks to technology.

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Even though my company did well last year, my boss expressed concern about the way the broader market was going and encouraged us to tighten our belts.

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