Business
5 things to watch on the ASX 200 on Tuesday 5 January 2020
On Monday the S&P/ASX 200 Index (ASX: XJO) started the year on a high and recorded a very strong gain. The benchmark index rose 1.5% to 6,684.2 points.
Will the market be able to build on this on Tuesday? Here are five things to watch:
ASX 200 expected to fall.
The Australian share market looks set to drop lower on Tuesday. According to the latest SPI futures, the ASX 200 is poised to open the day 27 points or 0.4% lower this morning. This follows a very poor start to the week on Wall Street. In late trade the Dow Jones is down 1.6%, the S&P 500 is down 1.65%, and the Nasdaq has fallen 1.7%.
Tech shares on watch.
It could be a difficult day for tech shares such as Afterpay Ltd (ASX: APT) and Xero Limited (ASX: XRO) after their US…
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