Business
5 things to watch on the ASX 200 on Friday 29 January 2021
On Thursday the S&P/ASX 200 Index (ASX: XJO) was a sea of red after having its worst day in months. The benchmark index fell 1.9% to 6,649.7 points.
Will the market be able to bounce back from this on Friday? Here are five things to watch:
ASX 200 poised to rebound
The ASX 200 looks set to rebound strongly from Thursday’s selloff. According to the latest SPI futures, the ASX 200 is poised to open the day 95 points or 1.45% higher this morning. In late trade on Wall Street, the Dow Jones is up 1.8%, the S&P 500 is up 1.9%, and the Nasdaq index is 1.5% higher.
ResMed Q2 update
The ResMed Inc (ASX: RMD) share price will be one to watch this morning when it releases its second quarter update. The market is expecting the medical…
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