Market Update: Dow Jones Witnesses Significant Fall Due To Worries About Global Slowdown

  • Mar 25, 2019 AEDT
  • Team Kalkine
Market Update: Dow Jones Witnesses Significant Fall Due To Worries About Global Slowdown

On Friday, the US markets have witnessed a substantial fall as the worries about global slowdown were returned in the minds of global market participants. It can be said that the weakness witnessed with respect to factory data have weighed over the sentiments of investors. The inverted yield curve negatively impacted that market players’ confidence and, as a result, they started fearing about the global downturn. Also, the market players are carefully tracking the news related to the trade battle between the US and China.

When the slowdown fear increases, the investors tend to liquidate their equity holdings and look for safer investments. As a result, the broader equity markets witnessed a downtrend. However, it can be said that the permanent end to the trade war might help in reviving the confidence of the market players. It is also important for the market players to know that, in the recent US Federal Reserve meeting, Mr. Jerome Powell has kept the interest rates on hold which was according to the expectations of market players. On Friday (i.e., March 22, 2019), Dow Jones Industrial Average ended the session in red as the index got closed at 25,502.32 which implies a fall of 460.19 points or 1.77% on an intraday basis. Also, on the same day, S&P 500 Index closed the session in red as it got closed at 2800.71 which reflects the decline of 54.17 points or 1.90%.

Oil Prices Are Sensitive Global Slowdown Fears

As the market players are aware, the oil prices are also very sensitive to the global economic environment and any sort of disturbances in this environment can significantly impact the movement of oil prices. When market players expect a global slowdown, they also expect that the demand of oil would witness a fall. As a result, oil prices get negatively impacted.

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

Today, the Australian markets wrapped up the session in red as S&P/ASX200 got closed at 6126.2 which implies the decline of 69 points or 1.1% on an intraday basis. On March 25, 2019, S&P/ASX 200 Financials (Sector) (XFJ) got closed at 5,793.9 which reflects the fall of 74.1 points or 1.28%. Coming to the performance of stocks, Newcrest Mining Limited (ASX: NCM) and Spark New Zealand Limited (ASX: SPK) have ended the session in green as their prices rose by 3.19% and 2.882%, respectively.

On the other hand, Eclipx Group Limited (ASX: ECX) and Altium Limited (ASX: ALU) have ended the session in red as the prices of their stocks fell by 12.752% and 8.398%, respectively on an intraday basis. Coming to some of the important news pieces, REVA Medical, Inc. (ASX: RVA) had come forward and made an announcement that they have secured $3 million debt facility. Read the full news here. Also, Milton Corporation Limited (ASX: MLT) had declared special dividend amounting to 2.5 cents per share. Read the full news 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.


All pictures are copyright to their respective owner(s) 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.

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