As investors in the US markets are aware, nowadays, the earnings season is the primary component which might influence the momentum of broader equity markets. However, the health of the global economy as well as other macro-economic factors are some of the other reasons which could affect the US equity markets. The Chinese economy had earlier been impacted by the trade tensions between the US and China which have increased the fears of global economic slowdown in the minds of market players. However, it can be said that the market players have now witnessed some positive news related to the Chinese economy. The positive momentum in the Chinese economy is very important as it can reduce the fears of global economic growth in the investors’ minds which could positively affect the equity markets.
Talking about the earnings season, JPMorgan Chase & Co. (NYSE: JPM) had released their earnings on Friday i.e. April 12, 2019 and it can be assumed that its earnings have cheered the market investors. On the same day, the stock closed the session in green as it witnessed the rise of US$4.92 or 4.63% and got closed at US$111.21 per share. On April 12, 2019, Dow Jones Industrial Average ended the session in green as the index got closed at 26,412.30 which implies a rise of 269.25 points or 1.03% on an intraday basis. Also, on the same day, S&P 500 Index ended the session at 2,907.41 which implies a rise of 19.09 points or 0.66%.
Global Factors Might Influence Oil Prices
There are expectations that the oil prices would be influenced by the macro-economic factors and health of the global economy. Any disturbances in the global economic environment have the potential to influence oil prices. In addition, oil prices are also affected by the movement of equity markets.
A View of Australian Markets: S&P/ASX200 Ended Marginally Higher
Today (i.e. April 15, 2019), S&P/ASX200 close the session in green as the broader index ended by witnessing a marginal rise. The index got closed at 6,251.4 which implies a rise of 0.1 points on an intraday basis. The health of global economy as well as the several macro-economic factors are the primary factors which have the potential to influence the broader momentum of Australian equity markets. Coming to the movement of stocks, Bravura Solutions Limited (ASX: BVS) and Whitehaven Coal Limited (ASX: WHC) have closed the session in green as the prices of these stocks have witnessed the rise of 7.05% and 4.208%, respectively on an intraday basis.
On the other hand, the stocks like Pendal Group Limited (ASX: PDL) and Bellamy’s Australia Limited (ASX: BAL) have closed the session in red as today their prices have fallen by 8.71% and 5.674%, respectively.
Nova Minerals Limited (ASX: NVA) had come forward and gave operational as well as Canadian listing update. To read the news, please click here. Also, Bass Oil Limited (ASX: BAS) came out with its quarterly sales and the production update for the quarter ended March. To read the news, please click here.
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.
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.
