Business
5 things to watch on the ASX 200 on Monday 4 January 2021
On Thursday the S&P/ASX 200 Index (ASX: XJO) finished the year on a disappointing note. The benchmark index tumbled 1.4% to 6,587.1 points.
Will the market be able to bounce back from this on Monday? Here are five things to watch:
ASX 200 expected to tumble.
The Australian share market looks set to start the year in a disappointing fashion. According to the latest SPI futures, the ASX 200 is poised to open the week 80 points or 1.2% lower this morning. This is despite a positive finish to the year on Wall Street, which saw the Dow Jones rise 0.65%, the S&P 500 climb 0.65%, and the Nasdaq push 0.15% higher. This led to the Dow Jones finishing the year at a record high.
Travel shares on watch.
Australian travel shares will be on…
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