What does a “rally” refer to in the stock market?
Any abnormally slow market day
A BOGO deal for share prices
Period of increasing prices
A short-term discount on stocks
During a period of continuous market price increases, the word “rally” will be used to describe the conditions. A rally can be short-term, occurring when a company announces big (positive) news, for example, or a rally can be long-term, impacted by economic changes, like interest rates or fiscal policy.
Answer: The correct answer is Period of increasing prices.