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

  • Jun 12, 2019 AEST
  • Team Kalkine
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.

We have provided recent developments with the five pot stocks. The investors who are interested in the same can have a look at these developments by clicking here. Also, we have provided recent updates on the real estate and construction companies like Lendlease Group (ASX: LLC) and Stockland (ASX: SGP). The investors who are interested in the same can have a look by clicking here.


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.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
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. OK