Business
5 things to watch on the ASX 200 on Friday 5 March 2021
On Thursday the S&P/ASX 200 Index (ASX: XJO) was out of form and sank lower again. The benchmark index dropped 0.85% to 6,760.7 points.
Will the market be able to bounce back from this on Friday? Here are five things to watch:
ASX 200 to fall again
It looks set to be a disappointing finish to the week for the ASX 200 on Friday. According to the latest SPI futures, the ASX 200 is poised to open the day 9 points or 0.1% lower. In late trade on Wall Street, all three major indices are deep in the red. The Dow Jones is down 1.5%, the S&P 500 is 1.8% lower, and the Nasdaq index has fallen 2.5%.
Tech shares on watch
Australian tech shares such as Afterpay Ltd (ASX: APT) and WiseTech Global Ltd (ASX: WTC) could come under pressure again…
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