Business
5 things to watch on the ASX 200 on Monday 16 November 2020 // Motley Fool Australia
On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very positive week in a subdued manner. The benchmark index fell 0.2% to 6,405.2 points.
Will the market be able to bounce back from this on Monday? Here are five things to watch:
ASX 200 expected to rise.
It looks set to be a positive start to the week for the Australian share market after a strong finish to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to rise 16 points or 0.25% at the open. On Friday night in the United States, the Dow Jones rose 1.4%, the S&P 500 climbed 1.4%, and the Nasdaq pushed 1% higher. The S&P 500 hit a record high on Friday.
Oil prices drop lower.
Energy producers such as Santos Ltd (ASX: STO) and Woodside…
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