(1) Supply Status

The supply of the stock market can only come from the issuance of new shares or the circulation of unlisted shares. To be exact, in the stock index futures market, the influence of supply and demand will not be too obvious.

(2) Macroeconomy

The changing trend of the stock market is generally consistent with the economic cycle, especially in the period of economic prosperity, when enterprises operate well and make more profits, the stock price will rise. But in the long run, the trend of the stock market is determined by the level of economic development and prosperity of a country, and the price fluctuation of the stock market also reflects the changes of macroeconomic conditions to a great extent.

(3) interest rate adjustment

If the interest rate rises, it may attract some funds to flow to the bank savings system and revitalize the stock market funds, which will have a certain impact on the stock price. At the same time, due to the rise in interest rates, the operating costs of enterprises will increase and profits will decrease, which will correspondingly lead to the decline of stock prices. On the contrary, if the interest rate is lowered, it will also stimulate the stock price to rise accordingly.

(4) Inflation

Inflation has both advantages and disadvantages for the stock market, both stimulating and depressing, but generally speaking, the disadvantages outweigh the advantages. In the early stage of inflation, the increase of money will stimulate production and consumption, and the profit of enterprises will push the stock price up, but inflation will push the interest rate up to a certain extent and make the stock price fall;

(5) Enterprise status

The stock price reflects nothing more than the operating conditions of the enterprise.