5 things to watch on the ASX 200 on Thursday 28 January 2021

On Wednesday the S&P/ASX 200 Index (ASX: XJO) returned from the public holiday in a disappointing fashion and tumbled notably lower. The benchmark index fell 0.65% to 6,780.6 points.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 poised to fall

The ASX 200 looks set to tumble lower again on Thursday after a very poor night of trade on Wall Street. According to the latest SPI futures, the ASX 200 is poised to open the day 38 points or 0.6% lower this morning. In late trade the Dow Jones has sunk 1.5%, the S&P 500 is down 1.8%, and the Nasdaq index has tumbled 1.4%.

Market selloff

Wall Street was sold off overnight following the release of some disappointing earnings results and…