Business
5 things to watch on the ASX 200 on Monday 8 March 2021
On Friday the S&P/ASX 200 Index (ASX: XJO) finished a positive week in a disappointing fashion. The benchmark index sank 0.75% to 6,710.8 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 strongly on Monday after a positive finish to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the week 107 points or 1.6% higher this morning. On Wall Street on Friday night, the Dow Jones climbed 1.85%, the S&P 500 rose 1.95%, and the Nasdaq index pushed 1.55% higher.
Oil prices charge higher again
Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum…
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