Business
5 things to watch on the ASX 200 on Thursday 4 February 2021
On Wednesday the S&P/ASX 200 Index (ASX: XJO) was on form for a third day in a row. The benchmark index jumped 0.9% higher to 6,824.6 points.
Will the market be able to build on this on Thursday? Here are five things to watch:
ASX 200 futures pointing lower
The Australian share market looks set to end its winning streak on Thursday. According to the latest SPI futures, the ASX 200 is poised to open the day 14 points or 0.2% lower this morning. This is despite stocks on Wall Street pushing higher overnight. In late trade, the Dow Jones is up 0.25%, the S&P 500 is up 0.5%, and the Nasdaq has climbed 0.6% higher.
Oil prices rise again
It could be a good day for energy producers such as Beach Energy Ltd (ASX: BPT) and Santos Ltd
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