Business
5 things to watch on the ASX 200 on Thursday 28 January 2021
On Wednesday the S&P/ASX 200 Index (ASX: XJO) returned from the public holiday in a disappointing fashion and tumbled notably lower. The benchmark index fell 0.65% to 6,780.6 points.
Will the market be able to bounce back from this on Thursday? Here are five things to watch:
ASX 200 poised to fall
The ASX 200 looks set to tumble lower again on Thursday after a very poor night of trade on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 38 points or 0.6% lower this morning. In late trade the Dow Jones has sunk 1.5%, the S&P 500 is down 1.8%, and the Nasdaq index has tumbled 1.4%.
Market selloff
Wall Street was sold off overnight following the release of some disappointing earnings results and…
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