Market Update: Dow Jones Ended In Green. Markets Sensitive To Corporate Earnings

4 min read | April 17, 2019 06:14 PM AEST | By Team Kalkine Media

As the market participants are aware, in the present scenario, the equity markets in the US are presently getting influenced by the corporate earnings. It can be said that the market players are carefully tracking the news about the earnings as it generally provides a broader view of a particular company. However, apart from the earnings season, the global equity markets are expected to remain sensitive to the overall health of the global economy and the macro-economic factors. The comments decision of the Federal Reserve with respect to the interest rates is another important factor which affects the momentum of equity markets.

Talking about the companies which would be releasing their earnings reports, American Express would be coming out with its report on April 18, 2019 while, Mastercard Incorporated is expected to release the earnings report on April 30, 2019. The payment processor, Visa Inc., would be releasing the earnings report on April 24, 2019. Yesterday (i.e. April 16, 2019), Dow Jones Industrial Average closed the day in green as the index ended at 26,452.66 which implies a rise of 67.89 points or 0.26% on an intraday basis. Also, S&P 500 Index ended at 2,907.06 which reflects a marginal rise of 1.48 points or 0.05% on the same day.

Oil Prices Might Get Affected If Growth Worries Increases

It can be said that the oil prices get affected by the global macro-economic factors and a rise in the disturbances in the economic growth can reduce the demand of oil. A fall in the oil demand has the potential to influence oil prices. Another factor which could affect oil prices is the movement of equity markets. Any news related to the trade battle between the US and China can also lead to fluctuations in oil prices.

Australian Markets Closed in Red: S&P/ASX200 Ends by Falling 0.3%

The Australian markets might be influenced by the health of the global economy and a rise in global growth worries can have a negative impact on the broader momentum of Australian equity markets. Today (i.e. April 17, 2019), S&P/ASX200 ended the session in red as the index got closed at 6,256.4 which implies a marginal fall of 21 points or 0.3% on an intraday basis. Talking about the movement of stock prices, DuluxGroup Limited (ASX: DLX) and Blackmores Limited (ASX: BKL) have ended the session in green as their prices have witnessed the rise of 27.119% and 6.455%, respectively on an intraday basis.

On the other hand, Fortescue Metals Group Ltd (ASX: FMG) and Afterpay Touch Group Limited (ASX: APT) have ended today’s session in red as their stock prices have fallen 8.272% and 5.887%, respectively. Santos Limited (ASX: STO) came forward and made an announcement about the production and sales volume for 1Q FY 2019. To read the news, please click here. Also, BHP Group Limited (ASX:BHP) released quarterly update for the market players. To read the full news, 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.


Disclaimer

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.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.