5 things to watch on the ASX 200 on Wednesday
25 September 2019
On Tuesday the S&P/ASX 200 index gave back its morning gains to finish the day ever so slightly lower at 6,748.9 points.
Will the local share market be able to bounce back from this on Wednesday? Here are five things to watch:
ASX 200 expected to sink.
The Australian share market looks set to come under pressure today after a weak night of trade in Europe and the United States. According to the latest SPI futures, the ASX 200 index is expected to open the day a disappointing 70 points or 1.1% lower this morning. On Wall Street the Dow Jones fell 0.5%, the S&P 500 tumbled 0.8%, and the Nasdaq index sank 1.5%.
Tech shares on watch.
Australian tech shares includingAltium Limited(ASX: ALU) andNearmap Ltd(ASX: NEA) look set to tumble lower today after their U.S. counterparts dropped lower overnight. The technology-focused Nasdaq index dropped 1.5% amid concerns that President Trump could be impeached.
https://au.finance.yahoo.com/news/5-things-watch-asx-200-211029569.html