Business

5 things to watch on the ASX 200 on Monday 22 March 2021

Published

5 years ago

March 22, 2021

On Friday the S&P/ASX 200 Index (ASX: XJO) finished the week on a disappointing note. The benchmark index fell 0.55% to 6,708.2 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to drop

The Australian share market looks set to drop this morning following another mixed finish to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the week 15 points or 0.2% lower today. On Wall Street on Friday night, the Dow Jones fell 0.7% and the S&P 500 edged slightly lower. A rebound in tech stocks led to the Nasdaq index defying the weakness to record a 0.75% gain.