Business
5 things to watch on the ASX 200 on Monday 25 January 2021
On Friday the S&P/ASX 200 Index (ASX: XJO) finished a very positive week with a day in the red. The benchmark index fell 0.35% to 6,800.4 points.
Will the market be able to bounce back from this on Monday? Here are five things to watch:
ASX 200 expected to rise
The Australian share market looks set to bounce back on Monday. According to the latest SPI futures, the ASX 200 is poised to open the week 15 points or 0.2% higher. This is despite Wall Street ending the week in a disappointing fashion. On Friday, the Dow Jones fell 0.6%, the S&P 500 dropped 0.3%, and the Nasdaq edged 0.1% higher.
Oil prices drop lower
Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could start the week in the red…
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