Market Update: Dow Jones Ended Session In Red. Key Factors Which You Should Watch

s the market players are aware, the global markets, in the present scenario, are very sensitive to the macro-economic factors and to the news about the trade battle. It can be said that recently the fears of global downturn in the minds of the investors got, more or less, reduced largely because the United States had decided not to impose tariffs on the imports from Mexico. Moreover, the market players are expecting that the US Federal Reserve might go for a rate cut so that the global conditions could stabilize. The US Federal Reserve needs to adjust the interest rates by keeping in mind the economic conditions prevailing in the global economy. The decision of the Federal Reserve influences the sentiments of market players and also the global equity markets.

However, the investors need to track the news related to the trade war between the US and China as it could significantly affect the movement of stock markets. Yesterday (i.e. June 11, 2019), Dow Jones Industrial Average got ended in red as the index got closed at 26,048.51 which implies a fall of 14.17 points or 0.05% on an intraday basis. On the other hand, S&P 500 Index got ended at 2,885.72 which reflects a decline of 1.01 points or 0.03% on an intraday basis.

Oil Prices To Remain Sensitive to Macro-economic Parameters

The oil prices are expected to be influenced by several macro factors and by the news related to the trade wars. Also, these prices get influenced by the overall health of global economy. If the global uncertainties increase, it might affect the demand of oil and, as a result, the oil prices are also influenced.

Australian Markets Ended The Session in Red: S&P/ASX200 Witnesses A Marginal Fall

The Australian markets might witness the negative impacts if the global growth worries increase or if the trade battle between the US and China gets worse. The settlement of trade battle and reduction in worries of global growth can positively impact the Australian economy and the equity markets in Australia. Today (i.e. June 12, 2019), S&P/ASX200 got closed at 6,543.7 which implies a fall of 2.6 points. Coming to the performance of stocks, Emeco Holdings Limited (ASX: EHL) and Ausdrill Limited (ASX: ASL) got ended in green as these stocks have witnessed a rise of 14.242% and 6.569%, respectively on an intraday basis. On the other hand, Challenger Limited (ASX: CGF) and Bapcor Limited (ASX: BAP) got ended in red as the prices of these stocks fell by 3.778% and 3.242%, respectively on an intraday basis.

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