Business
5 things to watch on the ASX 200 on Thursday 7 January 2020
On Wednesday the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped notably lower. The benchmark index fell 1.1% to 6,607.1 points.
Will the market be able to bounce back from this on Thursday? Here are five things to watch:
ASX 200 expected rebound.
It looks set to be a much better day for the Australian share market on Thursday. According to the latest SPI futures, the ASX 200 is poised to open 129 points or 2% higher. This follows a strong night of trade on Wall Street after the Democrats came close to taking control of the Senate. In late trade the Dow Jones is up 1.7%, the S&P 500 is up 1.1%, and the Nasdaq has risen 0.3%.
Democrats on verge of Senate victories.
US stocks rose strongly overnight after vote counting in…
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