Market Update: Dow Jones Closes The Session Higher What Market Players Should Know

Dow Jones Closes The Session Higher: What Market Players Should Know

As the market players are aware that there are increased fears of the global economic slowdown which might hamper the broader momentum of equity markets. It can be said that the trade battle between the US and China is one of the primary reasons that global investors are fearing a slowdown. Therefore, in the present scenario, the equity markets are very sensitive to the news related to the trade dispute. A settlement of the trade battle can significantly help the markets and it can also improve the sentiments of investors. Also, it can be said that the efforts are being to resolve the trade battle and investors are closely tracking the news related to it.

If the trade battle gets resolved, it can be said that the investors might decide to make deployments towards equities which could provide support to the broader momentum of the markets. Yesterday (i.e. April 3, 2019), Dow Jones Industrial Average got closed at 26,218.13 which implies a rise of 39 points or 0.15% on an intraday basis. Also, S&P 500 Index got closed at 2,873.40 which implies a marginal rise of 6.16 points or 0.21%.

Worries About Slowdown Might Weigh Over Oil Prices

The oil prices are very much sensitive to the health of the global economic environment and the worries about global slowdown can negatively impact oil prices. If there are worries about slowdown, the demand of oil is questioned, and which might impact the oil prices. However, since an end to the trade battle might reduce the fears of the global downturn, the settlement might also positively impact the oil prices. It is also important to know that oil prices are also influenced by the movement of the broader equity markets.

Australian Markets Closes in Red: S&P/ASX200 Falls 0.8%

Today (i.e. April 4, 2019), Australian markets closed the session in red as S&P/ASX200 index got closed at 6,232.8 which implies a fall of 52.2 points or 0.8% on an intraday basis. The Australian equity markets get influenced by the global macro-economic environment and the reduction in the worries about global economic slowdown might help the broader markets. Coming to the performance of stocks, Syrah Resources Limited (ASX: SYR) and Eclipx Group Limited (ASX: ECX) had closed the session in green as their prices have witnessed the rise of 13.025% and 7.792%, respectively on an intra-day basis.

Sponsored ad by Kalkine

On the other hand, the stocks of Inghams Group Limited (ASX: ING) and Emeco Holdings Limited (ASX: EHL) have closed the session in red as their prices have fallen 6.321% and 5.224%, respectively on an intraday basis. Coming to some of the important news, Magellan Financial Group (ASX: MFG) came forward and gave an update for funds under management for March 2019. To read the full news about the same, please click here. Also, Lucapa Diamond Company Limited (ASX: LOM) had signed funding and refinancing agreements and strengthens the financial position. To read the full news about this, please click here.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Facebook Comments

Join Our Discussion

Start discussion with value Investors for ASX Stock Market Investment and Opinion.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report


Please enter your comment!
Please enter your name here