• bionicjoey@lemmy.ca
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    1 year ago

    It’s a military strategy term. If you and I both have armies, and my army attacks your army, and your army retreats, then you would have been “routed”, and I would have caused a “rout”

    In the finance context of the headline here, it just means a financial market dip.

    • sugar_in_your_tea@sh.itjust.works
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      1 year ago

      Or in other words, a financial “retreat” from the expected upward trajectory. Just to make the allusion to military terminology even more explicit.