Business
5 things to watch on the ASX 200 on Wednesday 24 February 2021
On Tuesday the S&P/ASX 200 Index (ASX: XJO) fought back from a tough start to record a strong gain. The benchmark index jumped 0.85% to 6,839.2 points.
Will the market be able to build on this on Wednesday? Here are five things to watch:
ASX 200 expected to fall
The Australian share market looks set to give back some of yesterday’s gains on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 33 points or 0.5% lower this morning. In late trade on Wall Street, the Dow Jones is down 0.2%, the S&P 500 is down 0.4%, and the Nasdaq index has sunk a further 1.4%. The latter could weigh heavily on local tech shares today.
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