Business
5 things to watch on the ASX 200 on Friday 11 December 2020
On Thursday the S&P/ASX 200 Index (ASX: XJO) ended its winning streak and tumbled lower. The benchmark index fell 0.7% to 6,683.1 points.
Will the market be able to bounce back from this on Friday? Here are five things to watch:
ASX 200 expected to drop again.
The Australian share market looks set to end the week on a disappointing note. According to the latest SPI futures, the ASX 200 is poised to open the day 32 points or 0.5% lower this morning. This follows a mixed night of trade on Wall Street, which in late trade sees the Dow Jones down 0.45%, the S&P 500 down 0.3%, but the Nasdaq up 0.25%. The Airbnb share price doubled after its IPO on the Nasdaq.
Iron ore price climbs further.
BHP Group Ltd (ASX: BHP) and Fortescue…
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