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5 things to watch on the ASX 200 on Friday 13 November 2020 // Motley Fool Australia
On Thursday the S&P/ASX 200 Index (ASX: XJO) ran out of steam and ended its impressive winning streak. The benchmark index gave back its morning gains and fell 0.5% to 6,418.2 points.
Will the market be able to bounce back from this on Friday? Here are five things to watch:
ASX 200 looks set to fall again.
It looks set to be a tough end to the week for the ASX 200 after global markets dropped lower. According to the latest SPI futures, the ASX 200 is expected to open the day 26 points or 0.40% lower. In late trade on Wall Street the Dow Jones is down 1.3%, the S&P 500 has fallen 1.2%, and the Nasdaq is down 0.6%. There are concerns that rising COVID-19 cases could weigh on the global economy.
Oil prices higher.
Energy producers…
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