Business
5 things to watch on the ASX 200 on Wednesday 31 March 2021
On Tuesday the S&P/ASX 200 Index (ASX: XJO) gave back its morning gains and more and finished the day deep in the red. The benchmark index fell 0.9% to 6,738.4 points.
Will the market be able to bounce back from this on Wednesday? Here are five things to watch:
ASX 200 expected to rebound
The Australian share market looks set to rebound on Wednesday despite a weak night of trade on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 55 points or 0.8% higher this morning. In late trade on Wall Street, the Dow Jones is down 0.1%, the S&P 500 is down 0.1%, and the Nasdaq is flat.
Oil prices lower
Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could come…
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