Business
5 things to watch on the ASX 200 on Monday 1 March 2021
On Friday the S&P/ASX 200 Index (ASX: XJO) finished the week in a very disappointing fashion. The benchmark index sank 2.35% to 6,673.3 points.
Will the market be able to bounce back from this on Monday? Here are five things to watch:
ASX 200 expected to rebound
The Australian share market looks set to bounce back on Monday. According to the latest SPI futures, the ASX 200 is expected to open the week 29 points or 0.45% higher this morning. On Wall Street on Friday night, the Dow Jones fell 1.5%, the S&P 500 dropped 0.5%, and the Nasdaq index was up 0.55%.
Oil prices sink lower
Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could start the week deep in the red after oil prices sank lower…
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