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The phrase "is currently down" is grammatically correct and commonly used in written English.
It is often used to describe something that is not working or functioning at the present moment. Example: "Our website is currently down for maintenance. We apologize for any inconvenience and expect to have it back up and running within the hour."
Exact(51)
The Dow is currently down 130 points.
The FTSE 100 is currently down 56.04 points at 6897.54.
The FTSE 100 is currently down 0.05 points at 6829.07.
The leading index is currently down 15.23 points at 6428.85, with WPP among the leading fallers.
Overall the FTSE 100 is currently down 81.03 points at 6828.40, with banks under pressure.
But overall the FTSE 100 is currently down 15.01 points at 6803.03.
Similar(8)
Shares are currently down 0.60% to $39.10.
CBST shares are currently down 1.05% to arrive at $22.15 as of 11 55am in New York.
Shares of ArvinMeritor are currently down more than 1.5% to stand at $7.82.
Crude futures are currently down more than $7 at a $107 a barrel.
It's currently down around 5% overall — and halted again for the time being.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com