Market Update: What Market Players Should Expect From Dow Jones Industrial Average Moving Forward?

3 min read | February 19, 2019 07:16 PM AEDT | By Team Kalkine Media

As the market players are aware, the US markets are very much sensitive to the global economic variables as well as the news related to the trade war between the US and China. It can be said that the investors are tracking the news about the trade dispute. The geopolitical worries significantly influence the global equity markets and there are expectations that the settlement of the trade dispute would support the global equity markets. However, no so long ago, the market players were worried about the slowdown in the global economic growth and these worries were further increased after the slowdown in the Chinese economy came to the notice of the market players.

If the trade dispute ends permanently, the sentiments of the investors might witness an improvement, and which might help the global equity markets. Also, the settlement might also help the global business environment. Dow Jones Industrial Average, on February 15, 2019, closed the session in green as the index wrapped up the session by witnessing the rise of 443.86 points or 1.74% and closed at 25,883.25.

What You Should About the Oil Prices

The oil prices, moving forward, would also be sensitive to the global factors and the financial markets’ performance. Also, these prices generally get influenced by the news about the trade war. However, in the present scenario, the supply cuts are also playing a very important role. The concerns related to the downturn of the global economic growth might pull the oil prices down as these concerns make the oil demand uncertain. The expectations of the lower oil demand generally weigh over the oil prices.

S&P/ASX200 closed marginally up: A Quick Look

The Australian markets ended the session in green as S&P/ASX200 witnessed the rise. On February 19, 2019, this index encountered the rise of 17.1 points or 0.3% and closed at 6106.9. Moving forward, the Australian economy and Australian equity markets might also get influenced by the trade war related news as well as macro factors. Talking about the stocks, Altium Limited (ASX:ALU) and IOOF Holdings Limited (ASX:IFL) had closed the session in green as the prices of these stocks witnessed the rise of 20.281% and 16.415%, respectively. On the other hand, the stocks like Blackmores Limited (ASX:BKL) and Emeco Holdings Limited (ASX:EHL) had closed the session in red as the prices of these stocks have encountered the fall of 24.846% and 24.199%, respectively.

Seven West Media Limited (ASX:SWM) had made an announcement about 1H results for half year ended December 29, 2018. In order to read the full news, please click here. Also, Saracen Mineral Holdings Limited (ASX:SAR) had released the half-yearly result for FY 2019. In order to read the full news here. Ingenia Communities Group (ASX:INA) had come forward and made an announcement of the property portfolio update for 1H FY 2019. Read the full news here.


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