5 things to watch on the ASX 200 on Wednesday 3 February 2021

On Tuesday the S&P/ASX 200 Index (ASX: XJO) was on form again and recorded another impressive gain. The benchmark index raced 1.5% higher to 6,762.6 points.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 futures pointing higher

It looks set to be another positive day of trade for the ASX 200 on Wednesday. According to the latest SPI futures, the ASX 200 is poised to open the day 57 points or 0.85% higher this morning. This follows another strong night of trade on Wall Street. In late trade the Dow Jones is up 1.9%, the S&P 500 is 1.7% higher, and the Nasdaq is also trading 1.7% higher. Markets appear to be moving on from the GameStop mania.

Oil prices push higher

Energy producers…