rally
noun [ C ]
uk/ˈræli/ usplural rallies STOCK MARKET
a sudden increase in share prices after a period when they have been falling or there has been low activity:
a rally in sth The shares of gold mining companies were boosted by a rally in bullion prices.
spark/cause/trigger a rally News of the retail industry's first-quarter profits triggered a rally in share prices.
stage/enjoy a rally Major oil producers staged a rally despite weaker prices for crude oil.
a powerful/sharp/strong rally After a powerful rally last year, stocks have languished for the first quarter of this year.
a market/price/stock rally
a brief/late/early rally
POLITICS
a large public meeting where a lot of people show their support for something:
attend/hold a rally The anti-war rally was attended by around 5,000 people.
speak at/address a rally
a campaign/political/protest rally
an election rally
rally
verb [ I ]
uk/ˈræli/ us STOCK MARKET
to improve after a period of falling share prices or of low activity :
The company's stocks rallied after an initial fall.
rally against sth The pound rallied against the dollar in trading today.
rally from/to sth Shares in the retailer rallied to 257p after dropping to 230p last month.
rally (by) 10 points/20%/1p, etc. The Nasdaq rallied 41% to hit 2313.85.
rally sharply/strongly