5 things to watch on the ASX 200 on Wednesday
The ASX 200 is expected to open lower following a weak performance on Wall Street and a decline in global oil prices. Investors are monitoring energy and gold stocks, while analysts have upgraded their outlook on REA Group.
Why it matters
Market fluctuations on the ASX 200 impact Australian investor portfolios and reflect broader global economic trends in energy and commodities.
Here's what to expect on the local market on hump day.
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On Tuesday, the S&P/ASX 200 Index (ASX: XJO) was on form and pushed higher. The benchmark index rose 0.35% to 8,709.3 points
Will the market be able to build on this on Wednesday? Here are five things to watch:
The Australian share market is expected to fall on Wednesday following a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 5 points lower. In the United States, the Dow Jones fell 0.25%, the S&P 500 was down 0.15%, and the Nasdaq was 0.1% lower.
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