Business
5 things to watch on the ASX 200 on Friday 27 November 2020
On Thursday the S&P/ASX 200 Index (ASX: XJO) ended its winning streak and dropped lower. The benchmark index fell 0.7% to 6,636.4 points.
Will the market be able to bounce back from this on Friday? Here are five things to watch:
ASX 200 expected to drop lower.
It looks set to be a subdued end to the week for the Australian share market. According to the latest SPI futures, the ASX 200 is expected to fall 16 points or 0.25% at the open. This follows a weak night on Wall Street which in late trade sees the Dow Jones down 0.6%, the S&P 500 down 0.2%, and the Nasdaq up 0.5%.
Tech shares on watch.
Although the market is expected to drop lower, another rise on the tech-focused Nasdaq index could be good news for local tech shares. This…
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