Business
5 things to watch on the ASX 200 next week 31 January 2021
Last week was one that investors will be in a hurry to forget. The S&P/ASX 200 Index (ASX: XJO) fell a disappointing 2.8% over the week to end it at 6,607.4 points.
Another busy week lies ahead, with plenty to keep investors on their toes. Here are five things to watch:
ASX futures pointing lower
The Australian share market looks set to start the week in the red after another poor night of trade on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to fall 34 points at the open. In the United States, the Dow Jones fell 2%, the S%P 500 dropped 1.9%, and the Nasdaq tumbled 2% lower. All three major indices dropped over 3% for the week. This was their worst weekly performance since October.
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